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Jet Airways (India) Ltd

Thu 7/11/2024,0:0:0 NSE: JETAIRWAYS

₹ 34.16 0.00 (0.00%)
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Home Stock Jet Airways (India) Ltd

Thu 7/11/2024,0:0:0

Jet Airways (India) Ltd

Thu 7/11/2024,0:0:0 | NSE : JETAIRWAYS

₹ 34.160.00 (0.00%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 36.69

Previous Close

₹ 34.16

Volume

234540

Mkt Cap ( Rs. Cr)

₹388.05

High

₹ 37.75

Low

₹ 34.16

52 Week High

₹ 65.90

52 Week Low

₹ 34.00

Book Value Per Share

₹ -1541.10

Dividend Yield

0.00

Face Value

₹ 10.00

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

71.40

24792

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

24792

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts Jet Airways (India) Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Jet Airways - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    17 Apr 2025, 5:26PM Jet Airways (India) Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Jet Airways has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    17 Apr 2025, 5:20PM As of March 2025, 24.99% is owned by Foreign Promoters and 75.01% by Public. <p align=justify> Institutional holds 28.16% (Insurance Companies 2.14%)

  • Jet Airways - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    17 Apr 2025, 4:44PM Please find enclosed certificate under Reg 74(5) of SEBI (DP) Regulation, 2018

  • Jet Airways (India)

    2 May 2023 , 12:54PM As per media reports, Sanjiv Kapoor, the CEO-designate of the airline quit the company, making it the third senior executive exit this week. Negative read thru for the stock.

  • Jet Airways

    23 Jun 2021 , 11:05AM The Mumbai bench of the National Company Law Tribunal approved the Resolution Plan submitted by the consortium comprising of Mr. Murari Lal Jalan and Mr. Florian Fritsch. Positive for the stock.

  • Jet Airways

    22 Feb 2021 , 12:12PM As per media reports, Jalan Kalrock Consortium, the winning bidder for Jet Airways, expects to restart operations of the defunct airline in four to six months after receiving approval from the NCLT for its resolution plan.

  • Jet Airways

    8 Dec 2020 , 11:11AM As per media reports, consortium led by Murari Lal Jalan & Kalrock Capital announce revival of Jet Airways as full-service carrier. As per the resolution plan, Jet Airways intends to operate all of its historic domestic slots in India and restart international operations from summer of 2021. Apart from passenger flights, the new management will also focus on cargo operations to try and improve revenue. Positive for the stock.

  • Jet Airways

    1 Dec 2020 , 1:34PM As per media reports, the company plans to resume as full-service airline in summer of 2021. Positive for the stock.

  • Jet Airways

    19 Oct 2020 , 10:56AM The Committee of Creditors has approved the resolution plan submitted by UK-based Kalrock Capital and UAE-based entrepreneur Murari Lal Jalan to revive and operate the company.

  • Jet Airways (India)

    11 Sep 2020 , 11:21AM JetBlue will add 24 routes later this year and plans to put some parked planes back into operation to fly to those new destinations

  • Jet Airways

    30 Jul 2020 , 12:16PM Jet Airways: The Meeting of Committee of Creditors (CoC) of the company is scheduled to be held on July 30, 2020.

  • Jet Airways

    22 Jul 2020 , 10:41AM As per media reports, the company received two binding bids from consortia led by financial investors (Imperial Capital and Kalrock capital) in the fourth round of auctions under the insolvency proceedings.

  • Jet Airways

    29 Jun 2020 , 11:52AM Pursuant to the e-public auction held on June 26, 2020, Vrihis Properties Private Limited, has emerged as the successful bidder for the sale / transfer of 3rd and 4th floors of the Company’s building “Jet Airways Godrej BKC”. The Company has decided to accept the offer of the Successful Bidder for the transfer of the Immovable Property, at a price of Rs. 490 Crores

  • Jet Airways

    29 May 2020 , 9:49AM As per media reports, Jet Airways received seven expression of interests (EOIs) including from Kalrock Capital, Turbo Aviation, Synergy Group, Imperial Capital and Indian entrepreneur Sanjay Mandavia. The deadline to submit EOIs ended 28th May 2020 midnight.

  • Jet Airways

    13 May 2020 , 11:22AM As per media reports, Jet Airways lenders are likely to invite fresh bids. The last date for submission is likely to be May 27.

  • Jet Airways

    25 Feb 2020 , 1:02PM As per media reports, Russian government backed Far East Development Fund, in partnership with Enso group has submitted its expression of interest to acquire a stake in Jet Airways. Prudent ARC and Synergy group are also in the fray. The lenders will decide on whether to allow the extension on February 25, 2020 for submitting the EoI.

  • Jet Airways

    22 Jan 2020 , 11:28AM As per media reports, the income tax department has ordered a special audit of Jet Airways after investigations by its arms found a number of suspicious looking transactions in the accounts. Negative read thru for the stock.

  • Jet Airways

    16 Jan 2020 , 11:35AM As per media reports, the deadline for submission of EoIs for Jet Airways ended on Wednesday. Synergy group and Prudent ARC have submitted EoIs for the company.

  • Jet Airways

    9 Jan 2020 , 12:51PM As per media reports, Jet Airways has received a second expression of interest which is from a non-aviation company with high net worth. Secondly, NCLT has directed the lenders to the company to release the corporate insolvency resolution process funds to run the company as a going concern. Positive read thru for the stock.

  • Jet Airways

    20 Nov 2019 , 11:54AM As per media reports, the Synergy group will get an extension till December 16 to submit a final bid and a resolution plan for Jet Airways. The development would be positive for Jet Airways if the Synergy group places the bid and the lenders are willing to take a haircut.

  • Jet Airways fails to attract new bidders

    3 Sep 2019 , 10:32AM Bidding deadline had been extended to August 31

  • Synergy group corp plans to pick up stake in Jet

    29 Aug 2019 , 1:26PM Jet Airways (India): As per media reports, South America’s Synergy group corp is planning to pick up a 49% stake in Jet. Its bolvian born founder German Efromovich will visit India next month to discuss investment options with Jet’s lenders and Indian infrastructure companies. Sentimentally positive for Jet Airways.

  • Jet Airways drops ahead of NCLT hearing

    19 Jun 2019 , 2:32PM Stock slumps to Rs. 29.05, after NCLT will hear Jet Airways' insolvency case on later in the day

  • Jet Airways in bankruptcy court, shares plunge 53%

    18 Jun 2019 , 1:43PM Airline owes nearly Rs. 8,000 crore to a group of 26 lenders

  • Hinduja group may invest Rs. 1000-1500 crore in Jet along with Etihad Airways

    24 May 2019 , 10:12AM Jet Airways (India), SBI: As per media reports, the Hinduja group may invest Rs. 1000-1500 crore in Jet along with Etihad Airways, SBI and AdiGro. The Hinduja group could acquire 20-25% stake, Etihad will retain its 24% stake while SBI may take 20% stake and also take a haircut, which could be as high as 75%. Positive read thru for Jet while negative for SBI

  • Banks may hold 20% in Jet Airways to make Etihad-Hinduja deal fly

    23 May 2019 , 10:22AM Jet Airways (India): As per media reports, banks might agree to acquire up to 20% stake in Jet Airways as Hinduja group is not keen to exceed its shareholding beyond 30%. The Hinduja group is set to meet top Etihad executives today in which SBI representatives will also be present to discuss the deal. Any positive outcome coming out of the meeting will be positive for Jet Airways.

  • IT department is set to appoint an independent auditor

    17 May 2019 , 11:19AM Jet Airways (India): As per media reports, the IT department is set to appoint an independent auditor to conduct an special audit of Jet books in connection with the commission paid by the airline to Dubai based group entities for allegedly evading Rs. 850 crore in taxes. Negative read thru for the stock.

  • Jet’s management will meet lenders led by SBI

    15 Apr 2019 , 11:13AM Jet Airways (India): As per media reports, Jet’s management will meet lenders led by SBI today to push for the immediate release of interim funding. Based on the outcome, nearly 1000 Jet pilots will decide whether or not to strike work. Also its lenders will seek a legal opinion on promoter Naresh Goyal’s bid to re-take control of Jet as he was the last to put in his Expression of Interest before last Friday deadline. Stock to remain in focus.

  • Etihad board has yet not decided on extending an interim funding

    13 Mar 2019 , 12:32PM Jet Airways (India): As per media reports, Etihad board has yet not decided on extending an interim funding of Rs. 750 crore to Jet Airways (India) based on which banks would have released a matching amount as part of the Jet’s resolution plan. Stock to remain in focus.

  • Etihad Airways and a new partner will together invest Rs. 4000 crore

    12 Mar 2019 , 10:57AM Jet Airways (India): As per media reports, Etihad Airways and a new partner will together invest Rs. 4000 crore in the company while Naresh Goyal and his wife will step down from the board and all executive positions. The lenders will convert a portion of their loans into equity and Jet Airway’s 51% stake in Privilege will be pledged with them to raise money. The new investor will be injecting between Rs. 1600-1900 crore for a stake of around 20% and Goyal group’s stake in Jet will fall to 17.1%, with a cap of 22%. The consortium of lenders led by SBI will pump in additional Rs. 1000 crore to take its eventual stake to 29.5%. Etihad will infuse Rs. 1600-1900 crore to raise its holding to 24.9%. Stock to be in focus.

  • Jet Airways dips as HSBC maintain reduce rating

    20 Feb 2019 , 11:11AM Jet Airways slips over 2% to Rs. 225.75, after global research house maintain reduce call on the stock

  • Jet Airways slips more then 8%

    16 Jan 2019 , 2:55PM Stock slides to Rs. 270 on reports that Etihad would invest at Rs. 150 per share

  • Etihad Airways may gain effective control of Jet Airways

    15 Jan 2019 , 11:26AM Jet Airways (India): As per media reports, Etihad Airways may gain effective control of Jet Airways to 49% from 24% currently, if lenders approve a resolution plan for the airline. In other news, Lenders to Jet are preparing to pick a substantial stake and restructure the debt. The meeting between the airline and lenders is scheduled on January 16, 2019. The stock already reacted positively by rallying 16% yesterday. Stock to remain in focus.

  • Etihad Airways plans to increase its stake Jet Airways

    15 Jan 2019 , 11:09AM Etihad Airways to raise stake in cash-strapped Jet Airways

  • Jet Airways up on report Etihad to hike 49% stake in company

    29 Nov 2018 , 10:47AM Jet Airways rises by 3% to Rs. 317.9, as a report said promoter Naresh Goyal is likely to sell a controlling stake in the company

  • Jet Airways stock in focus

    28 Nov 2018 , 11:55AM Jet Airways surges by 9% to Rs. 319.8, on strong volume

  • Jet Airways to remain in focus

    15 Nov 2018 , 12:36PM Jet Airways (India): The tata group and Jet Airways are inching towards a two-step transaction, the first leg of which could see the merger of Jet with Tata SIA Airlines (JV between Tatas and Singapore Airlines), which operates Vistara as per media reports. The second step of the deal could involve the purchase of the Goyal family’s stake in the combined entity by Singapore Airlines. Jet Airways to remain in focus.

  • Jet Airways approach banks for moratorium on loans

    24 Oct 2018 , 11:16AM Jet Airways (India) has approached banks for a moratorium on loans and asked for fresh funds to ease a cash crunch as per media reports. Stock to be in focus.

  • Tata group wants complete control over Jet Airways

    19 Oct 2018 , 11:02AM Jet Airways (India): The tata group wants complete control over Jet Airways along with the exit of existing promoters, and has rejected an initial proposal for part ownership and joint control of the airline as per media reports. In other news, Jet Airways has received 6-7 initial bids or expressions of interest for the planned sale of its Jet Privilege rewards programme as per media reports. Stock to be in focus.

  • Jet seeks extension to pay leasing charges

    3 Oct 2018 , 11:28AM Jet Airways (India) is understood to have initiated talks with GECAS, the US and Irish commercial aircraft financing and leasing business of GE, seeking an extension for paying aircraft leasing charges as per media reports.

  • Aviation stocks fall as govt hikes import duties

    27 Sep 2018 , 10:22AM Aviation stock falls after increase in Jet-Fuel import Tax

  • Jet Airways gets resignations from 100 pilots

    7 Sep 2018 , 2:42PM Jet Airways gets resignations from 100 pilots

  • Jet Airways finalise bank Moelis & Co to manage stake sale

    5 Sep 2018 , 11:43AM Jet Airways has finalised bank Moelis & Co to manage a stake sale in the loyalty rewards programme as per media reports. It is in advanced talks with PE firms TPG Capital and Blackstone for the sale and is expected to zero in on one of them. In other news, it has put 25 lakh seats for discount up to 30% for booking till September 7, 2018. Stock to be in focus.

  • Jet Airways post Q1 net loss of Rs1323 cr

    28 Aug 2018 , 11:50AM Jet Airways posted net loss of Rs1323 crore for Q1FY2019 as against a profit of Rs53 crore in Q1FY2018 on account of rise in fuel expenses (up 52% YoY) and fall in rupee. The revenues for the quarter grew by 1.9% YoY to Rs6067 crore. The company expects cost cutting measures of more than Rs2000 crore over the next two years. The board has also considered infusion of capital and the monetization of its stake in its loyalty programme for the long term financial health and sustainability.

  • Jet Airways board to meet on Aug 27

    23 Aug 2018 , 12:58PM Jet Airways' board of directors of the company will consider cost reduction initiatives and turnaround plan along with Q1FY2019 results on its meeting on 27th August 2018. Stock to remain in focus.

  • Jet Airways initiates formal stake sale

    13 Aug 2018 , 1:49PM Jet Airways has initiated a formal stake sale process to raise USD350-400 million from global private equity firms as per media reports. Stock to be in focus.

  • Jet Airways board defer Q1 results

    10 Aug 2018 , 11:55AM Jet Airways board deferred June quarter results; audit committee refuses to approve earnings, pending closure of certain matters. Negative read thru for Jet Airways.

  • Jet Airways signs formal agreement with Boeing Co

    17 Jul 2018 , 4:34PM Jet Airways signs formal agreement with Boeing Co to acquire an additional 75 latest single-aisle 737 Max aircraft valued at $ 8.8 billion at current list prices

  • Jet Airways to buy 75 Boeing 737 MAX Aircraft

    4 Apr 2018 , 12:50PM Jet Airways enters into an agreement with Boeing for purchase of 75 Boeing 737 MAX Aircraft

  • Domestic airline passenger traffic grew 24% YoY

    20 Mar 2018 , 8:49AM Positive read through for aviation stocks like Interglobe Aviation, Jet Airways (India), SpiceJet (also positive for tour operators such as Cox & Kings, Thomas Cook India)

  • Jet Airways expresses interest in the disinvestment of Air India

    12 Mar 2018 , 11:06AM Neutral read through for Jet Airways at this stage.

  • India's domestic air passenger traffic grew by 16.4%

    12 Jan 2018 , 10:04AM Positive read through for Indigo Airlines, SpiceJet and Jet Airways.

  • Jet Airways in talks with Air France-KLM to create JV between Europe and India

    3 Oct 2017 , 10:40AM Jet Airways in talks with Air France-KLM to create JV between Europe and India. Positive read thru for Jet Airways.
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Key fundamentals

Evaluate the intrinsic value of Jet Airways (India) Ltd stock 

Name March-23 March-20 March-19 March-18 March-17
Assets -13945.29 -11993.19 -10333.94 -1946.88 744.5
Liabilities -13945.29 -11993.19 -10333.94 -1946.88 744.5
Equity 113.6 113.6 113.6 113.6 113.6
Gross Profit -847.61 -1537.66 -3660.34 23.97 1515.79
Net Profit -1002.06 -2841.45 -5535.75 -767.62 1482.52
Cash From Operating Activities 14.41 -2619.71 1833.83 1697.64 960.85
NPM(%) -2015.4 -852.13 -24 -3.29 6.87
Revenue 49.72 333.45 23057.41 23286.53 21552.35
Expenses 897.33 1871.11 26717.75 23262.56 20036.56
ROE(%) 5.72 16.23 31.62 4.38 -8.46

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
13 Sep 2007 6 60 0 808.35
07 Sep 2006 6 60 0 963.7
14 Sep 2005 3 30 0 1290.55

Peers

Other companies within the same industry or sector that are comparable to Jet Airways (India) Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
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Company Info

Jet Airways was incorporated on April 1, 1992 as a private company with limited liability under the Companies Act. We commenced operations as an Air Taxi Operator on May 5, 1993 with a fleet of four leased Boeing 737 aircraft. We were granted scheduled airline status on January 14, 1995. Jet Airways became a deemed public company on July 1, 1996. On January 19, 2001, Jet Airways was reconverted into a private company. Jet Airways became a public company on December 28, 2004. At the time of incorporation of the Company, our shareholders were Mr. P.V.V. Chalam and Mrs. Anita Goyal. These shares were transferred to Tail Winds on May 12, 1994, and Mr. Naresh Goyal holds them on behalf of Tail Winds in terms of an RBI approval letter No. EC.BY.CO (S) 250/2251/TS/93/94 dated December 30, 1993. Pursuant to an application dated March 12, 1993 made by our Company, the FIPB by its letter No. 267/FC/93/NRI dated June 28, 1993 granted its approval to the foreign collabouration proposal for investment in Tail Winds in the proportion of 60% by Mr. Naresh Goyal, 20% by Gulf Air and 20% by Kuwait Airways. Tail Winds in turn held 100% of the Equity Share capital of our Company. The MoCA by its letter dated April 17, 1997 directed the Company to take steps for disinvestment of Equity Shares held, directly or indirectly, by foreign airlines pursuant to the Government of India's policy on foreign equity and NRI/OCB equity participation in the domestic air transport services sector. Consequently, with effect from October 15, 1997, Mr. Naresh Goyal acquired the 20% Equity Shares from each of Gulf Air and Kuwait Airways, respectively, and became the 100% owner of Tail Winds which is an NRI/OCB and currently owns over 99.99% of our Equity Share capital. We currently provide regular scheduled services to 42 destinations in India and two destinations outside India, operating 1,924 flights weekly. Our aircraft fleet has grown from four aircraft in 1993 to currently 42 aircraft comprising 34 Boeing 737 aircraft and eight ATR 72-500 aircraft. 2004 -South African Airways ties up with Jet Airways -Jet Airways inks pact with Hertz India to offer new services -Jet Air announces launch of 'check fares' scheme 2005 -Jet Airways Limited has filed its draft Red Herring Prospectus with the Securities and Exchange Board of India (Sebi) to enter the capital market with its initial public offering. The company will offer 17,266,801 (1.72 crore shares) equity shares of Rs 10 each for cash at a price to be decided through the book-building process. It is learnt that the value of each share will be Rs 870. The IPO proceeds will essentially be used to fund its international expansion plans. - The price band of Jet Airways' IPO has been fixed between Rs 950 and Rs 1,125. The issue opens for bids on February 18 and closes on February 24. The total offer is for 1,72,66,801 equity shares of Rs 10 each for cash at a premium to be decided through a book-building process - Jet Airways IPO was subscribed 4.25 times on the first day of the offer. At 7:50 pm, a total of 7.32 crore bids were received on the first day. FIIs accounted for 69.93 per cent of the total issue and mutual funds accounted for 28.69 per cent of the total. Insurance companies accounted for 0.61 per cent of the total bids and FIs for 0.36 per cent. -Jet Airways signs lease agreement with South African Airways - Jet Airways launches its first inter-continental flight by linking Mumbai with London Heathrow by a non-stop day flight here on May 23, 2005. -Jet Airways executes purchase agreement with The Boeing Company, USA -Jet Airways introduce an Inflight Safety Manual in Braille -Jet Airways signs pact with Gulf Air -Jet Airways wins Avaya GlobalConnect Customer Responsiveness Award 2006 -Jet Airways has signed a special code sharing (SPA) agreement with American Airlines, the world's largest carrier, for India-US flights. -Jet Airways signs contract with CAE for Boeing 777 & Airbus A330 simulators -Jet Airways wins three Avion global Awards for In-flight Entertainment -Jet Airways to buy Sahara for $500 mn in cash 2007 - Jet Airways India Ltd has signed the Memorandum of Understanding (MoU) with Lufthansa Technik AG, Germany for A330/B777 Component Works, Personnel Assignment Services and Maintenance Management Services. - Jet Airways inks $238mn aircraft lease agreement. -Jet Airways India Ltd announces the introduction of its first flight from Chennai to Toronto, via its hub in Brussels. -Jet Airways signs MoU with Lufthansa Technik AG, Germany -Jet Airways wins "Most Innovative Product Launch" Award for its 'First Class' Suites onboard its Boeing 777-300ER 2008 - Jet Airways has launched daily direct flights between Mumbai and Bangkok with effect from May 14.This will be its third service to Bangkok from the country, a press release stated. The air-carrier already operates daily services to Bangkok from Delhi and Kolkata respectively. -Jet Airways India Ltd has appointed Ms. Monica Chopra as the Company Secretary with effect from October 01, 2008. - Jet Airways India Ltd has won the 2008 Galileo Express Travelworld Best Domestic Full Service Airline Award for the sixth year in a row -Jet Airways wins the "Best Cargo Airline of Central Asia" Award -Jet Airways Wins the 2008 Galileo Express Traveworld 'Best Domestic Full Service Airline' Award for the sixth year in a row 2009 -Jet Airways introduces "Jet Airways Konnect" a new All Economy No-Frills services 2010 - IBM has inked a 10-year business transformation and information technology (IT) services deal worth $62 million with Jet Airways. 2011 - CNBC awards Jet Airways as “Best domestic Airlines&rdq. - Jet Airways - Jet Airways Takes Delivery of 100th Aircraft. - Jet Airways - Jet Airways declared "Best Domestic Airline". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated January 28, 2011 titled "Jet Airways wins prestigious customer and brand loyalty award 2011" - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated April 19, 2011 titled "Jet Airways conferred "Air Cargo Award of Excellence 2011" by Air Cargo World Magazine". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated October 14, 2011 titled "Jet Airways conferred 3 prestigious awards at the Times Travel Honours 2011". -Registered Office of the Company has been shifted to Siroya Centre Sahar Airport Road,Andheri - (East) Mumbai -400 099 2012 - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated August 27, 2012 titled "Jet Airways and ICICI bank launch Co-branded credit cards Exclusive Travel and Lifestyle benefits await the Country's Frequent Flyers". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated February 02, 2012, titled "Jet Airways Declared "Favourite Full-Service Airline" At The Outlook Traveller Awards 2011". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated February 03, 2012, titled "Jet Airways Declared Winner For Customer & Brand Loyalty In "Domestic Commercial Airlines Sector"". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated March 22, 2012, titled "Jet Airways Rated best on time Performer amongst scheduled Domestic Airlines in February 2012". - Jet Airways (India) Ltd today said it, in a meeting held on May 24, 2012, appointed Gaurang Shetty as an Additional Director and Manager of the Company with effect from today only. - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated January 09, 2012 titled "Jet Airways wins Prestigious "NDTV Profit Business Leadership Award 2011". 2013 -Jet Airways Jetprivilege Inks Partership with the Mobile Store. -Jet Airways and HDFC Bank join hands to launch `JetPrivilege-HDFC Bank World Debit Card. -Jet Airways enters into a Reciprocal Frequent Flyer partnership with Air New Zealand. -Jet Airways launches daily direct flight from Mumbai to Singapore 2014 -Jet Airways Launches Daily Direct Service From Mumbai To Paris -Jet Airways Wins Prestigious ICC Supply Chain and Logistics Excellence Awards 2014. -Jet Airways Launches Inaugural Service between Mumbai and Paris -Jet Airways Jetprivilege Programme wins double honours at the prestigious CNN Flyertalk Awards 2014. -Jet Airways wins Best Domestic Airline award 2014. 2015 - Jet Airways designated as the Official Airline Partner for the Vibrant Gujarat Summit 2015. - Jet Airways designated as the Official Airline Partner for the Vibrant Gujarat Summit 2015. - Jet Airways bags Henry Spira Humane Corporate Progress Award - Jet Airways to launch daily flights to Amsterdam from Mumbai, Delhi and Toranto. - Jet Airways launches non-stop services b/w India, Amsterdam. 2017 -Jet Airways introduces pre-paid pass for travellers -Jet Airways and app-based cab aggregator Uber have joined hands to provide first and last mile connectivity to air travellers. -Jet Airways signs MoU with Aeromexico for codeshare flights -Jet Airways signs cooperation agreement with Air France-KLM 2018 -Jet Airways enters into pact for buying 75 B737 planes.

Jet Airways was incorporated on April 1, 1992 as a private company with limited liability under the Companies Act. We commenced operations as an Air Taxi Operator on May 5, 1993 with a fleet of four leased Boeing 737 aircraft. We were granted scheduled airline status on January 14, 1995. Jet Airways became a deemed public company on July 1, 1996. On January 19, 2001, Jet Airways was reconverted into a private company. Jet Airways became a public company on December 28, 2004. At the time of incorporation of the Company, our shareholders were Mr. P.V.V. Chalam and Mrs. Anita Goyal. These shares were transferred to Tail Winds on May 12, 1994, and Mr. Naresh Goyal holds them on behalf of Tail Winds in terms of an RBI approval letter No. EC.BY.CO (S) 250/2251/TS/93/94 dated December 30, 1993. Pursuant to an application dated March 12, 1993 made by our Company, the FIPB by its letter No. 267/FC/93/NRI dated June 28, 1993 granted its approval to the foreign collabouration proposal for investment in Tail Winds in the proportion of 60% by Mr. Naresh Goyal, 20% by Gulf Air and 20% by Kuwait Airways. Tail Winds in turn held 100% of the Equity Share capital of our Company. The MoCA by its letter dated April 17, 1997 directed the Company to take steps for disinvestment of Equity Shares held, directly or indirectly, by foreign airlines pursuant to the Government of India's policy on foreign equity and NRI/OCB equity participation in the domestic air transport services sector. Consequently, with effect from October 15, 1997, Mr. Naresh Goyal acquired the 20% Equity Shares from each of Gulf Air and Kuwait Airways, respectively, and became the 100% owner of Tail Winds which is an NRI/OCB and currently owns over 99.99% of our Equity Share capital. We currently provide regular scheduled services to 42 destinations in India and two destinations outside India, operating 1,924 flights weekly. Our aircraft fleet has grown from four aircraft in 1993 to currently 42 aircraft comprising 34 Boeing 737 aircraft and eight ATR 72-500 aircraft. 2004 -South African Airways ties up with Jet Airways -Jet Airways inks pact with Hertz India to offer new services -Jet Air announces launch of 'check fares' scheme 2005 -Jet Airways Limited has filed its draft Red Herring Prospectus with the Securities and Exchange Board of India (Sebi) to enter the capital market with its initial public offering. The company will offer 17,266,801 (1.72 crore shares) equity shares of Rs 10 each for cash at a price to be decided through the book-building process. It is learnt that the value of each share will be Rs 870. The IPO proceeds will essentially be used to fund its international expansion plans. - The price band of Jet Airways' IPO has been fixed between Rs 950 and Rs 1,125. The issue opens for bids on February 18 and closes on February 24. The total offer is for 1,72,66,801 equity shares of Rs 10 each for cash at a premium to be decided through a book-building process - Jet Airways IPO was subscribed 4.25 times on the first day of the offer. At 7:50 pm, a total of 7.32 crore bids were received on the first day. FIIs accounted for 69.93 per cent of the total issue and mutual funds accounted for 28.69 per cent of the total. Insurance companies accounted for 0.61 per cent of the total bids and FIs for 0.36 per cent. -Jet Airways signs lease agreement with South African Airways - Jet Airways launches its first inter-continental flight by linking Mumbai with London Heathrow by a non-stop day flight here on May 23, 2005. -Jet Airways executes purchase agreement with The Boeing Company, USA -Jet Airways introduce an Inflight Safety Manual in Braille -Jet Airways signs pact with Gulf Air -Jet Airways wins Avaya GlobalConnect Customer Responsiveness Award 2006 -Jet Airways has signed a special code sharing (SPA) agreement with American Airlines, the world's largest carrier, for India-US flights. -Jet Airways signs contract with CAE for Boeing 777 & Airbus A330 simulators -Jet Airways wins three Avion global Awards for In-flight Entertainment -Jet Airways to buy Sahara for $500 mn in cash 2007 - Jet Airways India Ltd has signed the Memorandum of Understanding (MoU) with Lufthansa Technik AG, Germany for A330/B777 Component Works, Personnel Assignment Services and Maintenance Management Services. - Jet Airways inks $238mn aircraft lease agreement. -Jet Airways India Ltd announces the introduction of its first flight from Chennai to Toronto, via its hub in Brussels. -Jet Airways signs MoU with Lufthansa Technik AG, Germany -Jet Airways wins "Most Innovative Product Launch" Award for its 'First Class' Suites onboard its Boeing 777-300ER 2008 - Jet Airways has launched daily direct flights between Mumbai and Bangkok with effect from May 14.This will be its third service to Bangkok from the country, a press release stated. The air-carrier already operates daily services to Bangkok from Delhi and Kolkata respectively. -Jet Airways India Ltd has appointed Ms. Monica Chopra as the Company Secretary with effect from October 01, 2008. - Jet Airways India Ltd has won the 2008 Galileo Express Travelworld Best Domestic Full Service Airline Award for the sixth year in a row -Jet Airways wins the "Best Cargo Airline of Central Asia" Award -Jet Airways Wins the 2008 Galileo Express Traveworld 'Best Domestic Full Service Airline' Award for the sixth year in a row 2009 -Jet Airways introduces "Jet Airways Konnect" a new All Economy No-Frills services 2010 - IBM has inked a 10-year business transformation and information technology (IT) services deal worth $62 million with Jet Airways. 2011 - CNBC awards Jet Airways as “Best domestic Airlines&rdq. - Jet Airways - Jet Airways Takes Delivery of 100th Aircraft. - Jet Airways - Jet Airways declared "Best Domestic Airline". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated January 28, 2011 titled "Jet Airways wins prestigious customer and brand loyalty award 2011" - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated April 19, 2011 titled "Jet Airways conferred "Air Cargo Award of Excellence 2011" by Air Cargo World Magazine". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated October 14, 2011 titled "Jet Airways conferred 3 prestigious awards at the Times Travel Honours 2011". -Registered Office of the Company has been shifted to Siroya Centre Sahar Airport Road,Andheri - (East) Mumbai -400 099 2012 - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated August 27, 2012 titled "Jet Airways and ICICI bank launch Co-branded credit cards Exclusive Travel and Lifestyle benefits await the Country's Frequent Flyers". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated February 02, 2012, titled "Jet Airways Declared "Favourite Full-Service Airline" At The Outlook Traveller Awards 2011". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated February 03, 2012, titled "Jet Airways Declared Winner For Customer & Brand Loyalty In "Domestic Commercial Airlines Sector"". - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated March 22, 2012, titled "Jet Airways Rated best on time Performer amongst scheduled Domestic Airlines in February 2012". - Jet Airways (India) Ltd today said it, in a meeting held on May 24, 2012, appointed Gaurang Shetty as an Additional Director and Manager of the Company with effect from today only. - Jet Airways (India) Ltd has informed BSE regarding a Press Release dated January 09, 2012 titled "Jet Airways wins Prestigious "NDTV Profit Business Leadership Award 2011". 2013 -Jet Airways Jetprivilege Inks Partership with the Mobile Store. -Jet Airways and HDFC Bank join hands to launch `JetPrivilege-HDFC Bank World Debit Card. -Jet Airways enters into a Reciprocal Frequent Flyer partnership with Air New Zealand. -Jet Airways launches daily direct flight from Mumbai to Singapore 2014 -Jet Airways Launches Daily Direct Service From Mumbai To Paris -Jet Airways Wins Prestigious ICC Supply Chain and Logistics Excellence Awards 2014. -Jet Airways Launches Inaugural Service between Mumbai and Paris -Jet Airways Jetprivilege Programme wins double honours at the prestigious CNN Flyertalk Awards 2014. -Jet Airways wins Best Domestic Airline award 2014. 2015 - Jet Airways designated as the Official Airline Partner for the Vibrant Gujarat Summit 2015. - Jet Airways designated as the Official Airline Partner for the Vibrant Gujarat Summit 2015. - Jet Airways bags Henry Spira Humane Corporate Progress Award - Jet Airways to launch daily flights to Amsterdam from Mumbai, Delhi and Toranto. - Jet Airways launches non-stop services b/w India, Amsterdam. 2017 -Jet Airways introduces pre-paid pass for travellers -Jet Airways and app-based cab aggregator Uber have joined hands to provide first and last mile connectivity to air travellers. -Jet Airways signs MoU with Aeromexico for codeshare flights -Jet Airways signs cooperation agreement with Air France-KLM 2018 -Jet Airways enters into pact for buying 75 B737 planes.

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Parent Organisation

Jet Airways (India) Ltd.

Founded

01/04/1992

Managing Director

Mr.Naresh Goyal

NSE Symbol

JETAIRWAYSBZ

FAQ

The current price of Jet Airways (India) Ltd is ₹ 34.16.

The 52-week high for Jet Airways (India) Ltd is ₹ 37.75 and the 52-week low is ₹ 34.16.

The market capitalization of Jet Airways (India) Ltd is currently ₹ 388.05. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Jet Airways (India) Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Jet Airways (India) Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Jet Airways (India) Ltd shares.

The CEO of Jet Airways (India) Ltd is Mr.Naresh Goyal, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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