Jet Airways India
JETAIRWAYS.NS
National Stock Exchange of India34.16
INR
- -
- -
Jet Airways India
JETAIRWAYS.NS
(National Stock Exchange of India)
Recent
price
34.16
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Jet Airways India Limited operates as a full-service airline primarily engaged in providing domestic and international air travel services. The company's core offerings include passenger air transport with a broad network encompassing 45 domestic and 21 international destinations across Asia, the Middle East, Europe, and North America. Jet Airways operates a fleet including fuel-efficient aircraft like the Boeing 737 MAX, offering multiple cabin classes such as Business Class and Economy Class designed to meet diverse customer preferences. Services extend to onboard amenities including meal service, in-flight entertainment, and dedicated cabin crew assistance, aiming to deliver a premium travel experience characterized by the brand’s hallmark “Joy of Flying” and Indian hospitality. The airline historically leveraged strategic alliances and codeshare agreements with international carriers such as Etihad Airways, Air France-KLM, Virgin Atlantic, and Delta Air Lines to enhance connectivity to over 450 global destinations. Headquartered in Mumbai, India, Jet Airways was founded in 1993. In recent developments, the Supreme Court of India ordered the liquidation of Jet Airways on November 7, 2024, following the failure of the Jalan-Kalrock Consortium, which had secured ownership under a court-approved resolution plan, to meet its financial commitments. This judicial decision overturned a previous tribunal order that had allowed the consortium to takeover and relaunch the airline. Subsequently, Jet Airways ceased all operations, marking an end to efforts intended to revive the iconic brand since its operational suspension in 2019. Prior to the liquidation, Jet Airways had revalidated its Air Operator Certificate in 2022 and planned a relaunch with a modernized, digitally-focused approach to full-service flying. The airline also entered into collaborative agreements with the Government of Maharashtra and strategic partner Etihad Airways to promote tourism and tourism-linked air travel, indicating attempts to reinforce its market presence. Jet Airways operated within the airline industry sector, focusing on premium and business travelers alongside leisure customers across domestic and international markets. The company's operational model relied on a hub-and-spoke system centered in major Indian cities, including Mumbai and Delhi. Jet Airways had been well regarded for its safety and security protocols, digital innovations such as app-integrated booking with partners like Uber, and a customer-centric service philosophy. Despite recent liquidation, the airline's historical footprint and product suite include comprehensive air travel services, extensive route networks, and significant partnerships aimed at enhancing passenger convenience and connectivity. Overall, Jet Airways India Limited offered a comprehensive air travel experience through its multi-class product offerings, international and domestic route networks, and alliance partnerships; however, its strategic revival efforts concluded with a court-mandated liquidation that effectively ended the airline's operations in late 2024. The company’s legacy remains significant in the Indian aviation industry while its future as an operational entity is presently halted.