Wednesday , 17 August 2022

Jet Airways

Jetihad is born. Etihad buys 24% stake in Jet Airways for $379 million. To inject additional $220 million.

Etihad Airways to inject additional $220 million in to Jet Airways by Devesh Agarwal We are reproducing the official release. Our analysis of this transaction will follow next week. Jet Airways and Etihad Airways at a glance   Highlights Strategic investment under FDI policy of the Government of India will deliver wide-ranging revenue growth and cost synergy opportunities for both …

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Jet Airways to lease three Boeing 777-300ERs to Turkish Airlines

by Devesh Agarwal Sources within Mumbai based Jet Airways indicate the airline has entered into an agreement with Turkish Airlines to dry-lease three of its Boeing 777-300ER (77W) aircraft for one year. The Indian carrier has a total of ten 77Ws in its fleet. Since 2008, the carrier has found it difficult to effectively utilise these highly popular aircraft. It …

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Analysis – Jet Airways decision to axe Chennai-Brussels and add Bangalore-Munich is viable

Jet Airways Airbus A330-300 VT-JWQ. Image copyright Vedant Agarwal.

It has been almost a month since India’s largest airline Jet Airways announced that it was cancelling its flights between Chennai (India’s third largest city) and its once robust scissors hub in Brussels, and I still am having trouble fully understanding the impetus behind the decision, though I do believe that there is a scenario where the move(s) made by …

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Q1 Financial Analysis for Jet Airways

Jet Airways Boeing 737-800 VT-JGA.

Continuing the series of financial analyses of India’s airlines, today we take a look at Q1 for Jet Airways. JetLite will be covered in a separate post, as will overall analysis of the Indian market. Previous Analyses: (Kingfisher, SpiceJet) Surprisingly enough, Jet Airways, often considered the most stable of India’s 3 full service carriers, slid to a pretax loss of …

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Image: Leased Jet Airways’ Boeing 777-300ER VT-JEG in Gulf Air livery

Jet Airways Boeing 777-300ER painted in Gulf Air livery.

Ten days ago, on March 3rd, Gulf Air received the first of the four Boeing 777-300ER (VT-JEG) aircraft leased from Jet Airways. Two more aircraft are expected to join the Gulf Air fleet later this month while the fourth one will join in May. The 312 seat uber-luxurious Jet Airways Boeing’s are well known. See a photo gallery of the …

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Jet Airways wins Business Traveller’s ‘Best First-Class service in the world’ award

Congratulations to Jet Airways, which has been voted as the ‘Airline with Best First-Class Service in the World’, by readers of the prestigious Business Traveler magazine, at the 20th Annual ‘Best in Business Travel’ Awards. The airline received the award at a gala ceremony at the Sofitel, Los Angeles on December 11, 2008. With the introduction of its award-winning First …

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