Jet Airways flies higher on taking delivery of first Boeing 737-800 aircraft

21 Sep 2011 Evaluate

Jet Airways is currently trading at Rs. 282.70, up by 1.85 points or 0.66% from its previous closing of Rs. 280.85 on the BSE.

The scrip opened at Rs. 283.50 and has touched a high and low of Rs. 285.00 and Rs. 280.50 respectively. So far 69148 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 926.35 on 10-Nov-2010 and a 52 week low of Rs. 250.90 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs. 285.00 and Rs. 265.00 respectively. The current market cap of the company is Rs. 2424.69 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 15.22% and 4.78% respectively. 

Jet Airways, India’s premier international airline, received delivery of its first next generation Boeing 737-800 with Sky Interior. The induction of the new state-of-the-art Boeing 737-800 into Jet Airways’ young fleet is in keeping with the airline’s commitment to continually innovate and differentiate its product for a heightened in-flight experience.

The all new Boeing 737-800 is replete with the very latest Boeing 787 inspired shape, color, decor and texture, all of which make for a truly unmatched flying experience. The minute the passenger steps onboard the aircraft, he/she is greeted by the all new Sky Interior, complete with new cove lighting and a curved cabin architecture that provides a feeling of openness and space.

The bright new color and decor of the aircraft with modern, sculpted sidewalls and larger windows, combined with the effect of the light-emitting diode (LED) lighting significantly enhances the sense of spaciousness in the cabin. That aside, the dynamic and brighter LED lighting can portray different color schemes like a soft blue sky and a relaxing pallet of sunset colors, while providing for maximum efficiency and lower maintenance costs.

Another feature that will most definitely be appreciated by passengers are the new pivot bins, which afford greater overhead bin capacity for storage. New improved passenger service units and a significantly quieter cabin also add to the comfort of the passengers. In addition to this, the new Boeing 737 - 800 aircraft also possess superior on board, sound quality and clarity through new speakers that have been improved in each passenger row.

Jet Airways took delivery of the first of these 11 new next generation Boeing 737-800 aircraft to be inducted into the airline's fleet this month, with the balance  such aircraft  to be delivered between October 2011 and March 2013. Of the 11 new aircraft, 2 Boeing 737 - 800 will have a 16 Premiere and 138 Economy Class seating configuration complete with Jet Airways world-class in-flight entertainment system. The remaining 9 Boeings will a have 8 Premiere and 162 Economy Class seating configuration.

Jet Airways (I) Share Price

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