Jet Airways Share Price history - 1yr Return 63 percent

Jet Airways is one of India’s premier and favorite private sector airlines with a domestic market share of approximately 25%.Jet Airways share price was at life time high of Rs.1382.75 on 26-Apr-05. The company’s net sales of the stood at Rs.20572 cr during the year ended 31st March 2016 as compared to Rs.19381 cr in FY’15 reporting a growth of 6.15 per cent or Rs.1192 cr. Impacted by the fall in Aviation Turbine Fuel (ATF) Jet Airways reported a 180 degrees turnaround in its Operating Profit for the year which read at Rs.1240 cr in FY’16 as compared to a loss of Rs.1124 cr in FY’15. The PAT stood at Rs.1202 cr for FY’16 as compared to a loss of Rs.2101 in FY’15. EPS for FY’16 stood at Rs.106.66 compared to Rs.184.64 in FY’15.On 14th July 2016, Jet Airways share price opened at Rs.566.80 on NSE.

Journey of Jet Airways in FY’16:Available Seat Kilometers increased by 11.9 per cent in FY16Registered growth in capacity, aircraft utilisation and passengers carried EBITDA in FY16 improved by 2,302 crore to INR 3,083 crore compared to INR 781 crore in FY15, primarily due to higher utilization of aircraft, drop in ATF prices, cost reduction initiatives and synergies achieved with the Etihad Airways Aircraft utilisation for Boeing 737 fleet continues to increase and has reached 13.2 hours in FY16, one of the highest in the industryJet Group’s domestic passengers grew by 18.9 percent in FY16 outpacing its capacity growth of 14.1 percent. Over 25 million passengers were carried in FY16.Codeshare traffic surged by 31 per cent from 1.6 million passengers carried in FY15 to 2.1 million carried in FY16 Passengers and revenues, delivered by Etihad Airways and partners of Etihad Airways rose by 86% and 72% respectively in FY16Overall codeshare traffic grew 21 per cent in Q4FY’16 to a number of 570,000 passengers. Codeshare traffic with Etihad Airways over Abu Dhabi hub and with its partner airlines grew by 45% in Q4 of FY16.Cash generated from operations (after financial expenses) primarily channelised to reduce debt by Rs.1,680 croreIntroduced direct flight to Muscat from Delhi and also added frequencies to Dubai from Delhi and Mumbai.Jet Airways’ rating upgraded by two notches to [ICRA] BBB- (ICRA triple B minus)Success in achieving operational efficiency throughout its business - Cost per available seat kilometer (CASK) minus fuel dropped by 3.2% from INR 3.37 in FY15 to INR 3.26 in FY16

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