Jet Airways rises on plans to bring in additional Boeing 737 flight

27 Apr 2012 Evaluate

Jet Airways is currently trading at Rs. 340.65, up by 5.90 points or 1.76% from its previous closing of Rs. 334.75 on the BSE.

The scrip opened at Rs. 336.00 and has touched a high and low of Rs. 341.40 and Rs. 336.00 respectively. So far 23,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 517.50 on 19-Jul-2011 and a 52 week low of Rs. 167.00 on 29-Dec-2011.

Last one week high and low of the scrip stood at Rs. 360.50 and Rs. 328.10 respectively. The current market cap of the company is Rs. 2,940.00 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 13.64% and 6.36% respectively.

Jet Airways, India’s premier international airline,is all set to bring in an additional Boeing 737 flight between Kolkata and Bangkok effective from May 10, 2012. This is the second dailyfrequency to be introduced on this route to cater the enhanced demandwith the oncoming holiday season.

The newdaytime service, will compliment the earlier late night flight alreadyoperational from the City of Joy to the Thai capital. Flight 9W 72 willleave Kolkata at 1100 hrs and arrive Bangkok at 1510 hrs. On the returnleg, 9W 71 will depart Bangkok at 1600 hrs and arrive Kolkata at 1705hrs providing onward connections to other destinations on the airline’snetwork.

At present, Jet Airways flies three daily to Bangkok from Mumbai and daily from Delhi.

JetAirways currently operates a fleet of 101 aircraft, which includes 10Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 59 nextgeneration Boeing 737-700/800/900 aircraft and 20 modern ATR 72-500turboprop aircraft. With an average fleet age of 5.81 years, theairline has one of the youngest aircraft fleets in the world.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)
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