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Jet Airways (India) Ltd (JET.NS)

JET.NS on National Stock Exchange of India

268.95INR
9:38am GMT
Change (% chg)

Rs-24.75 (-8.43%)
Prev Close
Rs293.70
Open
Rs293.00
Day's High
Rs294.00
Day's Low
Rs265.00
Volume
37,628,557
Avg. Vol
11,763,553
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Rs843.50
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Rs162.80

Latest Key Developments (Source: Significant Developments)

Etihad: Will Invest In Jet Airways At A Price Of 150 Rupees/Share Only- CNBC TV18 Citing Sources
4:27am GMT 

Jan 16 (Reuters) - :ETIHAD SAYS WILL INVEST IN JET AIRWAYS AT A PRICE OF 150 RUPEES/SHARE ONLY- CNBC TV18 CITING SOURCES.SHARES DROP 6.7 PERCENT AFTER TV REPORT.  Full Article

India Aviation Secretary Says Aviation Ministry Not Got Official Request From Jet, Etihad On Exemption On Open Offer
Tuesday, 15 Jan 2019 

Jan 16 (Reuters) - India Aviation Secretary Says ::INDIA AVIATION SECRETARY SAYS "WE ARE ALREADY WORKING ON HOW TO NEUTRALISE, CONTROL DRONES WHICH ARE ILLEGAL, ROGUE".INDIA AVIATION SECRETARY SAYS AWARE OF DISCUSSIONS BETWEEN LENDERS AND PROMOTERS OF JET AIRWAYS.INDIA AVIATION SECRETARY SAYS ANY EXEMPTION ON OPEN OFFER WILL BE DECIDED BY INDIA’S MARKETS REGULATOR.INDIA AVIATION SECRETARY SAYS AVIATION MINISTRY HAS NOT RECEIVED OFFICIAL REQUEST FROM JET, ETIHAD ON EXEMPTION OF OPEN OFFER.  Full Article

Mumbai-Qatar Airways CEO: We Are Very Interested In Launching An Airline 100 Pct Owned By Us In India
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - :MUMBAI-QATAR AIRWAYS CEO SAYS WE WOULD DEFINITELY LOOK AT JET AIRWAYS IF 24 PERCENT STAKE IS NOT HELD BY ETIHAD.MUMBAI-QATAR AIRWAYS CEO SAYS WOULD BE DELIGHTED TO TAKE A STAKE IN INDIGO.MUMBAI-QATAR AIRWAYS CEO SAYS WE ARE VERY INTERESTED IN LAUNCHING AN AIRLINE 100 PERCENT OWNED BY US IN INDIA.  Full Article

Jet Airways Introduces 18 Additional Frequencies On Its Routes
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Jet Airways (India) Ltd ::SAYS CO INTRODUCES 18 ADDITIONAL FREQUENCIES ON DOMESTIC AS WELL AS INTERNATIONAL ROUTES.  Full Article

Jet Airways Says Co Had To Cancel Few Domestic Flights On Nov 18 Due To Operational Reasons
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Jet Airways (India) Ltd ::HAD TO CANCEL A FEW DOMESTIC FLIGHTS ON NOV 18 DUE TO OPERATIONAL REASONS; GUESTS HAVE BEEN RE-ACCOMMODATED AND OR COMPENSATED.  Full Article

Jet Airways Says On Track To Realise Cost Savings In Excess Of 20 Bln Rupees Over Next 2 Years
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Jet Airways India Ltd ::ON TRACK TO REALISE COST SAVINGS IN EXCESS OF 20 BILLION RUPEES OVER NEXT TWO YEARS.ALREADY REALIZED COST SAVING OF OVER 5 BILLION RUPEES IN FIRST HALF OF THE CURRENT FISCAL.EXPLORING OPPORTUNITIES TO ENHANCE REVENUES IN DOMESTIC, INTERNATIONAL MARKETS BY LEVERAGING SYNERGIES OF NETWORK, ALLIANCE PARTNERS.UNDERTAKING INITIATIVES TO ENHANCE ECONOMIC VIABILITY, EFFICIENCIES AND PRODUCTIVITY TO ENSURE THE LONG-TERM HEALTH OF THE BUSINESS.HAS EMBARKED ON COMPREHENSIVE REVIEW, CONSOLIDATION OF NETWORK INVOLVING ROUTES AND MARKETS, AS WELL AS PRODUCTS AND SERVICES OFFERED.MEASURES TO INCLUDE REDEPLOYMENT OF ASSETS TO MORE PRODUCTIVE AND ECONOMICALLY EFFICIENT INTERNATIONAL AS WELL AS DOMESTIC SECTORS.WILL INDUCT 11 BOEING B737 MAX AIRCRAFT IN CURRENT FISCAL YEAR.CONTINUES TO ENGAGE WITH FINANCIAL STAKEHOLDERS FOR SUPPORTING FUNDING REQUIREMENTS, WORKING ON MONETIZATION OF ASSETS, CAPITAL INFUSION.JET AIRWAYS INDIA EXEC SAYS "OUR FOCUS AND ATTENTION REMAINS ON SAFETY AND OPERATIONAL RELIABILITY".JET AIRWAYS INDIA EXEC SAYS "WE WILL OVERCOME OUR CURRENT CHALLENGES, HONOUR OUR COMMITMENTS TO OUR STAKEHOLDERS".  Full Article

Jet Airways (India) Posts Sept-Qtr Net Loss After Tax Of 12.97 Bln Rupees
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Jet Airways (India) Ltd ::SEPT QUARTER NET LOSS AFTER TAX 12.97 BILLION RUPEES VERSUS PROFIT OF 496.3 MILLION RUPEES.SEPT QUARTER REVENUE FROM OPERATIONS 61.61 BILLION RUPEES VERSUS 56.27 BILLION RUPEES.CO HAS NEGATIVE NET WORTH AS AT SEPT 30; CURRENT LIABILITIES EXCEEDS CURRENT ASSETS AS AT SEPT 30.NOTED RESIGNATION OF VIKRAM MEHTA AS AN INDEPENDENT DIRECTOR.  Full Article

Jet Airways Says Co Not Sought Moratorium On Loans Or Reduction Of Interest Rates
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Jet Airways (India) Ltd ::SAYS CO NOT SOUGHT MORATORIUM ON ANY LOANS OR REDUCTION OF INTEREST RATES FROM ITS LENDERS.  Full Article

Jet Airways To Pay 25% Of September Salary To Pilots On Oct 25 - CNBC TV18
Friday, 19 Oct 2018 

Oct 19 (Reuters) - :JET AIRWAYS TO PAY 25% OF SEPTEMBER SALARY TO PILOTS ON OCTOBER 25 - CNBC TV18, CITING SOURCES.  Full Article

Jet Airways Clarifies Tata Group Stake Buy News Is Speculative
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Jet Airways (India) Ltd ::JET AIRWAYS - CLARIFIES ON REPORT TATA GROUP IN TALKS TO BUY MAJORITY STAKE IN CO.JET AIRWAYS (INDIA) - CLARIFIES THAT THE STAKE BUY NEWS IS SPECULATIVE IN NATURE; THERE IS NO DISCUSSION IN THE BOARD REQUIRING A DISCLOSURE.  Full Article

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Etihad offers to invest in Jet Airways at 49 percent discount: report

MUMBAI Etihad Airways has offered to pick up shares of debt-laden Jet Airways Ltd at a 49 percent discount and to immediately release $35 million to bail out the troubled carrier if certain conditions are met, CNBC-TV18 reported.