Tag Archives: Jet Airways

Jet Airways sells its London Heathrow slots to Etihad. Cooperation or desperation for Jetihad?

by Devesh Agarwal and Vinay Bhaskara Yesterday, India’s largest private carrier sold its three precious landing slots at London Heathrow airport to Abu Dhabi, UAE based Etihad Airways for $70 million. Etihad will lease the slots back to Jet Airways for the time being. London is essentially THE destination for Jet Airways, which currently serves Heathrow daily from New Delhi …

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AirAsia, Tatas and Amit Bhatia seek approval to start airline in India. Is SpiceJet the target?

AirAsia A320 9M-AHS at Penang airport.

by Devesh Agarwal Malaysian low cost carrier AirAsia Berhad (Ltd.) through its investment arm, AirAsia Investment Ltd. (AAIL) has submitted an application to the Indian Foreign Investment Promotion Board (FIPB) seeking approval for AAIL to invest 49% into a proposed Indian joint venture together with Tata Sons Limited and Mr. Arun Bhatia of Telestra Tradeplace Pvt. Ltd. The expected holding …

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Jet Airways site says they halved ticket pices in a sale, but we cannot find the savings

by Devesh Agarwal Experience India’s biggest air ticket sale with 20 lakh seats on over 450 daily flights across 57 cities within India. Lofares on Jet Airways and JetKonnect flights starting INR 2,250. is what Jet Airways’ website screams at you as one of the largest Indian carriers launches a mega sale valid till February 24, in which it appears …

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Analaysis: Etihad reports full year 2012 profit; equity investments beneficial for both Etihad and partners

by Vinay Bhaskara Etihad Airways Boeing 777-300ER — Image Credit Etihad Airways Abu Dhabi based Eithad Airways reported its second straight year of profitability, with calendar year 2012 witnessing a net profit of US $42 million (versus $14 million), on revenues of $4.8 billion (up from $4.1 billion in 2011). Full year EBITDAR (earnings before interest, taxes, depreciation, amortization, and …

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Jet Airways Q3 fiscal 2012~2013 financial and operational analysis

by Vinay Bhaskara and Devesh Agarwal Late last week, Mumbai based full service carrier Jet Airways reported an excellent Rs. 85 Crore net profit for the third quarter of Fiscal Year 2012-13, mirroring the financial performance of rival low cost carrier (LCC) SpiceJet and the general resurgence of the Indian airline market as a whole. For the quarter, Jet recorded …

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Indian Aviation Review 2012. Part 2: The airlines’ analyses

by Vinay Bhaskara As promised, here is the second part of Indian Aviation’s 2012 review, with an airline by airline analysis of the events in 2012. Air India 2012 was another banner year in Air India’s agonizingly slow death spiral. Whether it was yet more labor turmoil related to the still not completed merger with Indian Airlines, a botched Entry …

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Indian aviation 2012 review Part 1: Overall trends

by Vinay BhaskaraThis is part 1 of our 2012 review of Indian aviation. Part 2 will come next week with a carrier by carrier review of  2012 in Indian aviation. When the story of Indian commercial aviation in 2012 is told, the overarching narrative across almost the entire industry will be one of cautious optimism (though Kingfisher Airlines obviously belies this …

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SpiceJet to launch Bangalore-Mysore; Q400 order complete

From 14th January 2013, low cost carrier (LCC) SpiceJet will launch thrice weekly Bangalore – Mysore services using Bombardier Dash 8 Q400 turboprops. The schedule of the flights will be as follows: SG3305 BLR – MYQ ~ 1220 – 1310 ~ Q400 135SG3306 MYQ- BLR ~ 1330  – 1420 ~ Q400 135 The new route marks the beginning of the next round of Q400 …

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Air India commences circuitous flights from New Delhi to Agra

Air India operated its first flight to Agra earlier today. Following a circuitous route (Delhi-Varanasi-Agra), this flight has a schedule that leaves much to be desired. Image courtesy gcmap.com The flight will be operated with an all-economy class Airbus A320 aircraft, three times a week on Mondays, Wednesdays and Fridays. Flight AI 406 departs New Delhi at 1245, arrives Varanasi …

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Jet Airways announces new Mangalore Dubai flight

Effective January 3, 2013, Jet Airways, will fly six times a week on the Mangalore-Dubai sector. The airline will deploy a Boeing 737-800 aircraft with 170 Economy seats on this route. 9W 532 will depart Mangalore at 2000 and arrive Dubai at 2230 (all times local) on Mondays, Wednesdays, Thursdays, and Sundays. On Tuesdays, flight 9W 532 will depart Managalore …

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Jet Airways international fleet and network operations analysis

by Vinay Bhaskara A recent report from Flightglobal quoted Boeing Asia head Dinesh Keskar as saying that India’s largest full service carrier, Jet Airways, could potentially convert existing order into the larger Boeing 787-9 variant. Jet Airways currently has 10 Boeing 787-8s on order for delivery from 2014 onwards, but Mr. Keskar said, “”If they do that [convert orders to …

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Press releases – December 18

Boeing Names Michael Kurth as VP/GM, Unmanned Airborne Systems Programs David Pitchforth to lead Boeing Defence UK Ltd. ST. LOUIS, Dec. 17, 2012 — Company veteran Michael Kurth will oversee Boeing’s [NYSE: BA] unmanned airborne systems as of Jan. 1. Kurth, currently managing director of Boeing Defence UK Ltd. (BDUK), will relocate to St. Louis as vice president and general …

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Press Releases – December 14, 2012

Dear Readers From today, we are starting a new feature called Press Releases. Every day we receive many releases from companies, despite our best efforts, we are unable to cover all of them. However, it is our endeavour to keep you, our readers, to be informed, and therefore we will post the raw releases in one batch for the day. …

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Opinion: The Etihad-Jet Airways-Kingfisher Airlines love triangle. Who should Etihad choose?

by Devesh Agarwal Two days ago, two Times of India group newspapers, The Bangalore Mirror and The Economic Times reported UAE national carrier Etihad buying a 48% in financially disabled and grounded Indian carrier Kingfisher Airlines. The Bangalore Mirror may be a tabloid, but The Economic Times is no slouch when it comes to financial matters. This went against the …

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Jet Airways takes delivery of first new Airbus A330-300

Jet Airways, today took delivery of the first of four new Airbus A330-300 series aircraft into its fleet, at the airframer’s headquarters in Toulouse, France. Aircraft registration VT-JWR. The airline is expected to take delivery of an additional A330-300 (VT-JWS) later this month. The first A330-300 aircraft will be be deployed from December 22 as 9W 228/227 on the Mumbai …

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Jet Airways places codeshare on Etihad’s Abu Dhabi Paris Charles De Gaulle flight

By Devesh Agarwal Jet Airways will place its code on Etihad’s flight operating out of Abu Dhabi to Paris Charles de-Gaulle airport with effect from December 10, 2012, offering its India passengers connectivity to Paris, via Abu Dhabi. The airline’s JetPrivilege members will earn JPMiles for their entire journey when they fly on Jet Airways codeshare flights from India to …

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Analysis: Etihad equity stake in Jet Airways likely to benefit both carriers

Over the past few weeks, it has become increasingly likely that Abu Dhabi based Eithad Airways will be purchasing a 24% stake in India’s largest full service carrier, Jet Airways, perhaps as soon as the end of this week. The deal for a stake in Naresh Goyal’s airline, is reportedly worth somewhere between Rs. 1600 to 2200 Crore, which would …

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Jet Airways to induct new generation ATR 72-600 turbo-prop aircraft

Mumbai-based Jet Airways will the first Indian carrier to induct the new ATR 72-600 series turbo-prop aircraft into their fleet, with five aircraft, starting this month and completing in March 2013. The Franco-Italian ATR (Avions de Transport Régional) 72-600 is an upgrade from the existing ATR72-500 aircraft in the airline’s fleet, and will be used for connectivity to smaller Tier …

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