UNDER THE GUIDANCE OF FACULTY DEEPIKA SINGH
-SUBMITTED BY
NIPUNIKA.S
1221552
COMPANY PROFILE
* Jet Airways is the second largest Indian airline in terms of market share and passengers carried. It is based in Mumbai, Maharashtra. * The founder and the chairman of the company is Naresh Goyal. Mr. Nikos Kardassis is the CEO of the company. * The company operates over 400 flights on an everyday basis to 70+ destinations around the world. Jet Airways has its main hub in Mumbai. * The company’s subsidiaries are Jet Lite, Jet Airways LLc, Jet Enterprises, Trans Continental e Services, India Jetairways Pty and Trans Continental e Services
INDUSTRY PROFILE * Indian hospitality sector contributes 8-9 percent of the country’s GDP. This sector includes accommodation, catering and transportation. * Indian aviation sector has been observed a phenomenal growth in the last decade. * India is the 9th largest civil aviation market in the world and stands 4th in domestic passenger volumes with a market worth of US $12 bn. * According to AAI, passenger handling capacity has risen from 72 million to 143 million and the freight traffic has risen from 1.5 million to 2.3 million.
SHAREHOLDING PATTERN OF JET AIRWAYS Share holding pattern as on : | 31/12/2012 | 30/09/2012 | 30/06/2012 | Face value | 10.00 | 10.00 | 10.00 | | No. Of Shares | % Holding | No. Of Shares | % Holding | No. Of Shares | % Holding | Promoter's holding | Indian Promoters | 10995 | 0.01 | 10995 | 0.01 | 10995 | 0.01 | Foreign Promoters | 69057210 | 79.99 | 69057210 | 79.99 | 69057210 | 79.99 | Sub total | 69068205 | 80.00 | 69068205 | 80.00 | 69068205 | 80.00 | Non promoter's holding | Institutional investors | Banks Fin. Inst. and Insurance | 2735156 | 3.17 | 2750574 | 3.19 | 2720468 | 3.15 | FII's | 3690776 | 4.27 | 4153124 | 4.81 | 6143674 | 7.12 | Sub total | 9950061 | 11.53 | 9599846 | 11.12 | 12323949 |