CMP: 470

Jet Airways (India) Limited is an airline providing regular scheduled services on routes between all of India's major cities. The Company has also received permission from the Indian Government to fly to Singapore and Malaysia.

Jet Airways like KFA has more debt than its market capitalization. Jet Airways current market cap is 3073 Crores and it has debt of nearly 11,000 Crores. Though not as bad as KFA, it still needs to be avoided from an investor perspective. Losses have increased from 251 Crores to 1236 Crores in the last 5 years. If you really want to invest in airline industry, stick to SpiceJet alone that too only with minimal exposure.