Company Profile For Jet Airways Ltd

Jet Airways Ltd (JET.BO) (Bombay Stock Exchange)

sector: Industrials · industry: Airlines ·

As of 3:54pm IST

430.05INR

Price Change

+8.00

Percent Change

+1.90%

Analyst Recommendations

Overview

Jet Airways (India) Limited is an India-based company engaged in air transportation. The Company operates in two segments: domestic (air transportation within India) and international (air transportation outside India). The Company operates flights to 18 international destinations. The Company has a frequent flyer program named Jet Privilege wherein the passengers who frequently uses the services of the airline become services of the airline become members of Jet Privilege and accumulates miles to their credit. The Company’s subsidiaries include Jet Lite (India) Limited, Jetair Private Limited, Jet Airways LLC, Trans Continental e Services Private Limited, Jet Enterprises Private Limited, Jet Airways of India Inc., India Jetairways Pty Limited and Jet Airways Europe Services N.V.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 March 2009, Jet Airways (India) Limited's revenues increased 22% to RS134.49B. Net loss increased 47% to RS9.61B. Revenues reflect increased income due to higher demand for company's products & services. Higher loss reflects higher aircraft fuel cost, increased selling & distribution expenses, higher other operating expenses, increased aircraft rental expenses and an increase in depreciation expenses.