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JETAIRWAYS

JETAIRWAYS · NSE · inactive
34.16
-1.80 (-5.01%)
as of 07 Nov 2024 close
Open
36.69
High
37.75
Low
34.16
Prev close
35.96
52w high
65.90
12 Dec 2023
52w low
34.00
30 Oct 2024
VWAP
35.55
Delivery %
—
n/a
Volume 2.35 L · turnover ₹83.37 L · NSE bhavcopy (official close) · history since 14 Mar 2005
Series
EQ
F&O
No
Status
Inactive since 02 Apr 2019

Source: NSE equity master · as of 01 Apr 2019

Daily · NSE EOD
Exchange announcements
Source: NSE corporate filings · latest Today 17:43 IST
  • 20 May 2010 14:14
    Other

    Jet Airways (India) Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2010 as follows: Net Sales of Rs. 260490 lacs for quarter ending on 31-MAR-2010 against Rs. 226337 lacs for the quarter ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 5858 lacs for the quarter ending on 31-MAR-2010 against Rs. 5299 lacs for the quarter ending on 31-MAR-2009.

  • 20 May 2010 14:13
    Other

    Jet Airways (India) Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 943273 lacs for year ending on 31-MAR-2010 against Rs. 1108343 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. (46764) lacs for the year ending on 31-MAR-2010 against Rs. (40234) lacs for the year ending on 31-MAR-2009.

  • 20 May 2010 14:13
    Other

    Jet Airways (India) Limited has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 1089611 lacs for year ending on 31-MAR-2010 against Rs. 1265594 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. (42018) lacs for the year ending on 31-MAR-2010 against Rs. (96141) lacs for the year ending on 31-MAR-2009.

  • 14 May 2010 10:08
    Business update

    Jet Airways (India) Limited has informed the Exchange regarding a press release dated May 13, 2010, titled "Jet Airways Consolidates Leadership Position With Stellar Performance".

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  • 30 Apr 2010 11:45
    Business update

    Jet Airways (India) Limited has informed the Exchange regarding a press release dated April 29, 2010, titled "Jet Airways wins Prestigious Conde Nast Traveller India Award ". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRWAY_pr_30042010.ZIP target=NEW> For more details click here.</a>

  • 22 Apr 2010 15:13
    Business update

    Jet Airways (India) Limited has informed the Exchange regarding a press release dated April 22, 2010, titled "Jet Airways responds to a buoyant economy - introduces 'Konnect Select' - a new premium service". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Jetairway_PR_22042010.zip target=NEW> For more details click here.</a>

  • 09 Apr 2010 12:02
    Other

    Jet Airways (India) Ltd. has informed the Exchange that "We would be publishing the audited results for the financial year ended on 31st March, 2010 in the prescribed format, within 60 days from the end of the said financial year. As such, the Unaudited results for the last quarter ended on 31st March, 2010, will not be published / submitted to the Stock Exchanges by us within 45 days from the end of the said quarter. Further, as we will be publishing the audited results for the financial year ended on 31st March, 2010, the Limited Review by the Auditors of the Company for the Unaudited Result

  • 01 Apr 2010 13:53
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated March 31, 2010, titled "Jet Airways and Jetlite award Maintenance Contract to ST Aerospace for CFM56-7B Engines on its 737 Boeing Fleet". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRWAYS_pr_01042010.zip target=NEW> For more details click here.</a>

  • 25 Mar 2010 16:29
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated March 25, 2010, titled "Jet Airways to dry lease 3 Boeing 777-300 ER to Thai Airways". A copy of the press release shall be available on the NSE website http://www.nseindia.com) under: Corporates > Latest announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/jet_pr_25032010.ZIP target=NEW> For more details click here.</a>

  • 15 Mar 2010 17:23
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated March 15, 2010, titled "Jet Airways Registers Fifth Consecutive Month of Strong Growth". A copy of the press release shall be available on the NSE website http://www.nseindia.com) under: Corporates > Latest announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JetAirways_PR_15032010.zip target=NEW> For more details click here.</a>

  • 02 Mar 2010 15:29
    Other

    Jet Airways (India) Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter and nine months ended December 31,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRWAYS_LR_02032010.zip target=NEW> For more details click here.</a>

  • 17 Feb 2010 11:04
    Business update

    Jet Airways (India) Ltd. has informed the Exchange vide its letter dated February 17, 2010 regarding a press release dated February 16, 2010, titled "Jet Airways announces new Daily Non-Stop Service to South Africa". A copy of the press release shall be available on the NSE website http://www.nseindia.com) under: Corporates > Latest announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Jetair_PR_17022010.zip target=NEW> For more details click here.</a>

  • 09 Feb 2010 11:46
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated February 09, 2010, titled "Jet Airways Registers Impressive Growth For Fourth Consecutive Month". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRW_PR_09022010.zip target=NEW> For more details click here.</a>

  • 04 Feb 2010 12:05
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated January 25, 2010, titled "Jet Airways group leads Indian aviation industry recovery Records high seat factors and strong operating margins". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Jet_PR_04022010.zip target=NEW> For more details click here.</a>

  • 25 Jan 2010 15:39
    Board meeting

    Jet Airways (India) Ltd. has informed the Exchange regarding the following outcome of Board meeting : Investment in MAS GMR Aerospace Engineering Company Pvt. Ltd. Limited :- The Board has accorded its in-principle approval for an investment of up to 26% (partly for cash and partly for consideration other than cash) in the Share Capital of MAS GMR Aerospace Engineering Company Pvt. Limited, Hyderabad, subject to receipt of all statutory and regulatory approvals, as may be required. MAS GMR Aerospace Engineering Company Pvt. Limited, is a 50 : 50 joint venture between Malaysian Aerospace Engine

  • 25 Jan 2010 15:13
    Other

    Jet Airways (India) Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 272268 lacs for quarter ending on 31-DEC-2009 against Rs. 290887 lacs for the quarter ending on 31-DEC-2008. Net Profit / (Loss) of Rs. 10580 lacs for the quarter ending on 31-DEC-2009 against Rs. (21418) lacs for the quarter ending on 31-DEC-2008.

  • 12 Jan 2010 18:35
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated January 12, 2010, titled "Jet Airways achieves growth of 53% in Domestic & 28% in International Markets in December, 2009". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/jetairways_pr_12012010.zip target=NEW> For more details click here.</a>

  • 16 Dec 2009 09:58
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated December 15, 2009, titled "Jet Airways' retains Market Leadership continues to be India's Largest Airlines". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/jetairways_pr_16122009.zip target=NEW> For more details click here.</a>

  • 07 Dec 2009 16:22
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated December 07, 2009, titled "Jet Airways' Traffic Continues On A Strong Growth Trajectory". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRWAYS_PR_07122009.zip target=NEW> For more details click here.</a>

  • 04 Dec 2009 13:59
    Other

    Jet Airways (India) Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter and half year ended September 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRWAYS_LR_04122009.zip target=NEW> For more details click here.</a>

  • 27 Oct 2009 17:14
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated October 27, 2009, titled "Lower yields and lean season impact Jet Airways results; reports loss before tax of Rs.4,067 million (US$ 84.5 million) for Q2 FY10 vs Rs.5,785 million (US$ 123 million) in Q2 FY09". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Jet_PR_27102009.zip target=NEW> For more details click here.</a>

  • 27 Oct 2009 15:20
    Other

    Jet Airways (India) Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 410515 lacs for half year ending on 30-SEP-2009 against Rs. 591119 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. (63202) lacs for the half year ending on 30-SEP-2009 against Rs. (24115) lacs for the half year ending on 30-SEP-2008.

  • 27 Oct 2009 15:20
    Other

    Jet Airways (India) Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 202011 lacs for quarter ending on 30-SEP-2009 against Rs. 308037 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. (40669) lacs for the quarter ending on 30-SEP-2009 against Rs. (38453) lacs for the quarter ending on 30-SEP-2008.

  • 20 Oct 2009 10:08
    AGM / meeting

    Jet Airways (India) Ltd. has submitted to the Exchange a copy of the proceedings of the Extraordinary General Meeting of the Company held on September 24, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRWAYS_proceed_20102009.zip target=NEW> For more details click here.</a>

  • 08 Oct 2009 16:05
    Management

    Jet Airways (India) Ltd. has informed the Exchange that "Mr. Wolfgang Prock-Schauer, Chief Executive Officer, has resigned from the services of the Company effective October 15, 2009. Mr. Prock-Schauer wishes to rejoin his family in Europe and will be joining British Midland PLC (bmi) as its Chief Executive Officer and will be based in the UK. Mr. Prock-Schauer has been at the helm of Jet Airways since June 2003 and has guided the Company during the critical period of expansion of its international operations. Effective October 15, 2009, Mr. Nikos Kardasis will be taking over as the Acting Chi

  • 24 Sept 2009 15:25
    AGM / meeting

    Jet Airways (India) Ltd. has informed the Exchange vide its letter dated September 24, 2009 that "At the Extra-ordinary General Meeting of the Company held today, the Shareholders have passed the requisite Resolution regarding the Issuance of additional capital up to US$400 Million pursuant to Section 81(1A) of the Companies Act, 1956".

  • 16 Sept 2009 19:36
    AGM / meeting

    Jet Airways (India) Ltd. has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on August 17, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/jetairways_PAGM_16092009.zip target=NEW> For more details click here.</a>

  • 14 Sept 2009 12:12
    Other

    Jet Airways (India) Ltd. has informed the exchange vide its letter dated September 14, 2009 regarding a Press Statement dated September 13,2009 issued by the Company regarding the amicable agreement that has been arrived at, enabling the commencement of all domestic and international operations. A copy of the press statement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Jetair_ps_14092009.zip target=NEW> For more details click here.</a>

  • 08 Sept 2009 10:22
    Other

    Jet Airways (India) Ltd. has informed the Exchange that as per the directions of the Regional Labour Commissioner, Jet Airways has been in a conciliation process with the pilots. The Regional Labour Commissioner had categorically stated that any strike by the pilots during this pendency of conciliation, would be deemed an illegal act, as per the Industrial Disputes Act. Regrettably, a section of the pilots who were rostered for operations have resorted to a simulated strike by reporting sick. A copy of the press statement shall be available on the NSE website (http://www.nseindia.com) under:

  • 03 Sept 2009 17:54
    Other

    Jet Airways (India) Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRWAYS_LR_03092009.zip target=NEW> For more details click here.</a>

  • 01 Sept 2009 11:55
    Other

    Jet Airways (India) Ltd. has submitted to the Exchange a copy of the Press Statement issued by the Company in connection with the direction issued by the Conciliation Officer that the National Aviator's Guild members cannot resort to strike or cause disruption to the operations on September 07, 2009 or thereafter, pending completion of the Conciliation proceedings. A copy of the press statement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JetAir_PS

  • 31 Aug 2009 16:23
    AGM / meeting

    Jet Airways (India) Ltd. has submitted to the Exchange a copy of the Notice of the Extra-ordinary General Meeting of the members of the Company scheduled to be held on September 24, 2009, to consider under Section 81(1A) of the Companies Act, 1956, the issue of Equity Shares and / or other permitted securities in the domestic and / or international markets as Qualified Institutional Placement (s), or otherwise up to US$400 Million. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common

  • 28 Aug 2009 09:48
    Other

    Jet Airways (India) Ltd. has submitted to the Exchange a copy of the Press Statement issued by the Company in connection with the communication received from the Regional Labour Commissioner (Central) that the National Aviator's Guild is under a legal obligation not to proceed on strike. A copy of the press statement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/jetairways_pr_28082009.zip target=NEW> For more details click here.</a>

  • 25 Aug 2009 13:45
    Other

    Jet Airways (India) Ltd. has submitted to the Exchange a copy of a press statement issued by the Company in connection with notice of strike received from National Aviator's Guild, a newly constituted body of some of its pilots, from September 07, 2009 or thereafter. A copy of the press statement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JetAirways_ANN_25082009.zip target=NEW> For more details click here.</a>

  • 17 Aug 2009 18:42
    AGM / meeting

    Jet Airways (India) Ltd. has informed the Exchange that at the Annual General Meeting (AGM) of the Members of the Company held on August 17, 2009, Resolutions concerning the following matters (as set out in the Notice of the AGM dated May 25, 2009) have been duly approved by the Members of the Company: (1)Adoption of the Audited Profit & Loss Account for the Financial Year ended March 31, 2009, and the Balance Sheet as at that date together with the Reports of the Directors and the Auditors thereon. (2) Re-appointment of Mr. Victoriano P. Dungca and Mr. Yash Raj Chopra as Directors of the Comp

  • 24 Jul 2009 17:06
    Management

    Jet Airways (India) Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on July 24, 2009 has: (1) Taken note of the resignation of Dr. Pierre Jeanniot from the Directorship of the Company with effect from July 21, 2009, due to personal reasons. (2) Approved the raising of additional capital to the extent of USD 400 million, subject to necessary approvals.

  • 24 Jul 2009 16:37
    Other

    Jet Airways (India) Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 208504 lacs for quarter ending on 30-JUN-2009 against Rs. 286716 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. (22533) lacs for the quarter ending on 30-JUN-2009 against Rs. 14338 lacs for the quarter ending on 30-JUN-2008.

  • 16 Jul 2009 10:40
    Management

    Jet Airways (India) Ltd. has informed the Exchange vide its letter dated July 16, 2009 that "Mr. Charles A. Adams has resigned from the Board of Directors of the Company with effect from July 07, 2009, due to unavoidable personal and family commitments. His resignation was noted by the Board of Directors earlier today".

  • 14 Jul 2009 16:12
    Corporate action

    Jet Airways (India) Ltd. has informed the Exchange that the Company's Register of Members and Share Transfer Books will be closed from August 06, 2009 to August 17, 2009 (both days inclusive) for the purpose of the Company's Annual General Meeting scheduled to be held on August 17, 2009.

  • 26 May 2009 15:10
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated May 25, 2009, titled "Jet Airways reports PAT of INR 530 million (US $ 10.4 million) for Q4 FY09; based on improved International performance, effects of restructuring program, reduced fuel prices and exceptional items; significantly improved EBITDAR margin of 20.8%. Challenging times ahead". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/je

  • 25 May 2009 15:33
    Other

    Jet Airways (India) Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2009 as follows: Net Sales of Rs. 226337 lacs for quarter ending on 31-MAR-2009 against Rs. 275990 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 5299 lacs for the quarter ending on 31-MAR-2009 against Rs. (22118) lacs for the quarter ending on 31-MAR-2008.

  • 25 May 2009 15:31
    Other

    Jet Airways (India) Ltd. has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 1108343 lacs for year ending on 31-MAR-2009 against Rs. 881110 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. (40234) lacs for the year ending on 31-MAR-2009 against Rs. (25306) lacs for the year ending on 31-MAR-2008.

  • 25 May 2009 15:29
    Other

    Jet Airways (India) Ltd. has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 1265594 lacs for year ending on 31-MAR-2009 against Rs. 1024555 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. (96141) lacs for the year ending on 31-MAR-2009 against Rs. (65387) lacs for the year ending on 31-MAR-2008.

  • 25 May 2009 15:14
    Board meeting

    Jet Airways (India) Ltd. has informed the Exchange that "The Board of Directors, in their meeting held on May 25, 2009, did not recommend any Dividend for the Year ended March 31, 2009".

  • 07 May 2009 12:35
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release dated May 07, 2009, titled "Jet Airways Introduces 'JET AIRWAYS KONNECT' A New All Economy No-Frills Service". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRWAYS_PR_07052009.zip target=NEW> For more details click here.</a>

  • 08 Apr 2009 11:07
    Other

    Jet Airways (India) Ltd. has informed the Exchange that: "We would be publishing the audited results for the financial year ended on 31st March, 2009 in the prescribed format, within a period of 3 months from the end of the said financial year. As such, the Unaudited results for the last quarter ended on 31st March, 2009, will not be published/ submitted to the Stock Exchanges by us within 30 days from the end of the said quarter. Further, as we will be publishing the audited results for the financial year ended on 31st March, 2009, the Limited Review by the Auditors of the Company for the Una

  • 31 Mar 2009 16:15
    Business update

    Jet Airways (India) Ltd. has informed the Exchange regarding a press release issued on March 30, 2009, regarding the application moved by Sahara India Commercial Corporation Limited in the Mumbai High Court for executing the Award of the Arbitrators in the Arbitration relating to the takeover of Sahara Airlines. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIR_PR_31032009.ZIP target=NEW> For more details click here.</

  • 30 Mar 2009 17:59
    Management

    Jet Airways (India) Ltd. has informed the Exchange that: "(1) Mr. Satyan G. Pitroda has ceased to be a Director of the Company with effect from 21st March, 2009, and (2) Mr. Ravi Chaturvedi has ceased to be the Group CEO of the Company with effect from 25th March, 2009, instead of 1st June, 2009, as communicated earlier."

  • 18 Mar 2009 18:11
    Other

    Jet Airways (India) Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/JETAIRWAYS_LR_16032009.ZIP target=NEW> For more details click here.</a>

  • 24 Feb 2009 16:23
    General update

    Jet Airways (India) Ltd. has informed the Exchange that, under its on-going route re-structuring and cost saving programme, the Company has entered into Agreements with Gulf Air Company G.S.C, Bahrain for the lease out, on a Wet Lease basis, of four B777-300 ER Aircraft for a period of six months each commencing from March,2009 (3 aircraft) and May, 2009(1 aircraft). At the end of this term, the wet lease arrangements will migrate to a dry lease arrangement. The letter of intent for the proposed dry lease has been signed.

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