Jet Air stock flies higher with a change in business model

Jet Airways has touched an intraday high of Rs 315.55 and an intraday low of Rs 309. At 09:22 hrs the share was quoting at Rs 312.70, up Rs 8, or 2.63%.

August 18, 2011 / 11:29 IST

Moneycontrol Bureau

Shares of Jet Airways took off 5% at Rs 318.40 on the Bombay Stock Exchange in early morning trade as the carrier is looking to change its business model by introducing more low-fare flights. Analysts say the move will help the airline improve yields in lean season.

An analyst says,

first published: Aug 18, 2011 09:22 am

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Jet Air stock flies higher with a change in business model

Jet Airways has touched an intraday high of Rs 315.55 and an intraday low of Rs 309. At 09:22 hrs the share was quoting at Rs 312.70, up Rs 8, or 2.63%.

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