Jet Airways Pares Early Losses After Q2 Results Announcement

Key earnings highlights (Q2, YoY):

✅ Revenue up 9.5 percent to Rs 6,161 crore.

✅ Ebitdar loss at Rs 346 crore versus Ebitdar profit at Rs 837 crore.

✅ Net loss at Rs 1,297 crore versus net profit at Rs 50 crore.

✅ Revenue includes a one-off item of Rs 111 crore.

Shares of the airline operator parred early losses and rose as much as 3.3 percent to Rs 250.20.

READ MORE

Jet Airways Rises On Buying 75 Boeing Planes

Gold Silver Reports (GSR) – Jet Airways Rises On Buying 75 Boeing Planes – Shares of the Mumbai-based airline rose as much as 1.57 percent to Rs 384 after it purchased 75 of Boeing Co.’s 737 Max aircraft for about $8.8 billion as it looks to continue rapid expansion in the world’s fastest-growing major aviation market.  

READ MORE

Analyzing Nifty Trends

Focus Stocks: Jet Airways, Oil India, United Spirits

Gold Silver Reports (GSR) – Focus Stocks: Jet Airways, Oil India, United Spirits — Shares opened lower in Japan and fell in Australia and South Korea, while futures signaled losses for Hong Kong equities after the S&P 500 Index had its biggest slide since April and European bourses declined.             

READ MORE

Jet Airways Share Tips Update

Jet Airways Planning follow-on Deal for Boeing 737 Max

Gold Silver Reports (GSR) – Jet Airways Planning follow-on Deal for Boeing 737 Max — Jet Airways India Ltd. is closing in on a new order for Boeing Co.’s 737 Max single-aisle plane that could take its commitments for the model above 200 aircraft.        

READ MORE