MoneyWorks4Me analysed the past 10-year performance of Jet Airways (India) Ltd and arrived at the following conclusion:
The 5-year analysis of Jet Airways (India) Ltd's performance infers:
We analysed the performance of Jet Airways (India) Ltd share prices over the last 10 years. Here is what we found out:
Jet Airways, which commenced operations on May 5, 1993,is a full service airline with one of the youngest fleets in the world, operates a network that includes flights to 76 destinations spanning the length and breadth of India and destinations in Europe, North America (USA & Canada), the Middle East and Asia.
The airline flies to 63 destinations spanning the length and breadth of India and beyond, including New York (both JFK and Newark), Toronto, Brussels,
The airline flies to 63 destinations spanning the length and breadth of India and beyond, including New York (both JFK and Newark), Toronto, Brussels, London (Heathrow), Hong Kong, Singapore, Kuala Lumpur, Colombo, Bangkok, Kathmandu, Dhaka, Kuwait, Bahrain, Muscat, Doha, Riyadh, Jeddah, Abu Dhabi and Dubai.
The companyâ€™s primary hub and maintenance base is at Mumbai, whereas Delhi, Kolkata, Chennai, Pune, Bengaluru and Brussels are its secondary hubs.
Jet Airways operates flights to 20 international destinations, offering a better choice in the skies. The airlineâ€™s service class comprises PremiÃ¨re-business branded for domestic sectors and First Class, PremiÃ¨re- business class branded for international sectors.
It has earned the distinction of receiving the IATA Operational Safety Audit (IOSA) Registration. The company has successfully completed the Operational Safety Audit and has entered into the IOSA Registry. Jet Airways also offers an exclusive portal for travel agents-www.9wagents.com.
Jet Airways has launched an Interactive Voice Response (IVR) based payment and ticketing service. The airline has adopted this unique IVR technology to make payment and ticketing service easily accessible to its passengers.
The airline has interline agreements with over 133 international airlines, which allow passengers to use interline documents on Jet Airways for their travel.
The companyâ€™s subsidiaries include Jet Lite (India), Jet Airways LLC, Trans Continental e Services, Jet Enterprises, Jet Airways of India Inc, India Jetairways Pty and Jet Airways Europe Services N.V.
In 2013 Jet Airways entered a Strategic Alliance with Etihad Airways, a transaction for the subscription of 24 per cent minority equity stake in Jet Airways. Etihad Airways and Jet Airways will combine their network of 130 destinations, with Jet Airways establishing a Gulf gateway in Abu Dhabi and expanding itâ€™s reach through Etihad Airwaysâ€™ growing global network.