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Jet Airways flies higher on plans of launching daily services to Dammam from Kochi, Chennai

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

17 Dec 2013 Evaluate

Jet Airways (India) is currently trading at Rs. 273.90, up by 12.20 points or 4.66 % from its previous closing of Rs. 261.70 on the BSE.

The scrip opened at Rs. 261.00 and has touched a high and low of Rs. 277.00 and Rs. 261.00 respectively. So far 339925 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. 260.35 on 16-Dec-2013.

Last one week high and low of the scrip stood at Rs. 305.10 and Rs. 260.35 respectively. The current market cap of the company is Rs. 3038.73 crore.

The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 12.22% and 36.78% respectively.

In order to strengthen its global network, Jet Airways, India’s premier international airline, will be launching daily flights from Kochi and Chennai to Dammam from next month. While the Chennai flight to Dammam in Saudi Arabia will be operated via Abu Dhabi, the Kochi-Dammam service will be a direct one. The airline will deploy Boeing 737-800 aircraft for the two new services, offering premiere and economy classes for passengers.

With the new services, the company will become the country’s first private airline to operate over 50 daily flights to multiple Gulf destinations. They include daily services to Abu Dhabi, Bahrain, Dubai, Doha, Kuwait, Sharjah, Jeddah, Dammam and Riyadh.

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

Peers

Company Name	CMP
Interglobe Aviation	4638.75
SpiceJet	13.88
Raymond	422.05
Global Vectra Helico	203.85
Taneja Aerospace	281.55
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Jet Airways flies higher on plans of launching daily services to Dammam from Kochi, Chennai

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