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Jet Airways surges on inking code share agreement with Garuda Indonesia

Jet Airways (India) Ltd. | Airlines | Travel & Hospitality | BSE: 532617 | NSE: JETAIRWAYS

20 Nov 2013 Evaluate

Jet Airways (India) is currently trading at Rs 321.50, up by 0.95 points or 0.30% from its previous closing of Rs. 320.55 on the BSE.

The scrip opened at Rs 320.55 and has touched a high and low of Rs 324.30 and Rs 320.55 respectively. So far 56624 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 688.60 on 25-Apr-2013 and a 52 week low of Rs 280.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs 354.40 and Rs 306.00 respectively. The current market cap of the company is Rs 2767.44 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 11.90% and 13.10% respectively.

Jet Airways, India’s premier international airline, and Garuda Indonesia, the national carrier of Indonesia, have concluded a code share agreement and simultaneously launched a reciprocal frequent flyer programme. This would offer guests of both airlines with a variety of options and seamless access when traveling throughout the combined networks.

Under the codeshare arrangement, Jet Airways will place its marketing code on Garuda Indonesia’s flights between Singapore and Jakarta. In turn, Garuda will place its marketing code on Jet Airways’ operations between Singapore and Mumbai, Delhi and Chennai. The codeshare will provide more choice for customers between India and Indonesia, with seamless and convenient connections over the international gateway, Singapore.

Jet Airways currently operates a fleet of 113 aircraft, which include 10 Boeing 777-300 ER aircraft, 10 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 72 next generation Boeing 737-700/800/900/900 ER aircraft and 15 ATR 72-500 and 2 ATR72-600.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)

07-Nov-2024 00:00 View Price Chart

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Jet Airways surges on inking code share agreement with Garuda Indonesia

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