Jet Airways is currently trading at Rs. 314.00, up by 4.95 points or 1.60% from its previous closing of Rs. 309.05 on the BSE.
The scrip opened at Rs. 309.00 and has touched a high and low of Rs. 315.50 and Rs. 309.00 respectively. So far 17,000 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. 334.95 and Rs. 295.10 respectively. The current market cap of the company is Rs. 2,710.00 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 13.64% and 6.36% respectively.
Private air carrier Jet Airways is all set to start a new flight service on the Mumbai-Dubai sector from May 18, 2012. The new service will complement the three flights already being operated by Jet Airways on the high-demand route.
The airline also operates daily direct flights to the Emirate of Dubai from Chennai, Delhi, and Hyderabad, which makes the additional flight from Mumbai to Dubai the seventh daily direct service on this sector.
Recently, Jet Airways, as a part of its ongoing network evaluation with a clear focus on profitability, redeployed its assets in its existing route network which necessitated the temporary suspension of the airline’s A330 Mumbai - Johannesburg flights effective June 11, 2012.
Jet Airways currently operates a fleet of 101 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 59 next generation Boeing 737-700/800/900 aircraft and 20 modern ATR 72-500 turboprop aircraft. With an average fleet age of 5.81 years, the airline has one of the youngest aircraft fleets in the world. Jet Airways and Jet Konnect have a combined fleet strength of 121 aircraft and operate over 620 flights daily.
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