Tag Archives: Jet Airways

The turmoil in the Indian airline industry during the month of October has produced results that can be, only mildly described as, significant. In just four weeks, castles built over the last four or more years, have come crashing down. By the end of 2008, the Indian airline industry which accounts for less than 2% of the global airline market, …

The Business Standard reports that Indian carrier Jet Airways is believed to have struck a deal last week with west Asian investment agency Mubadala Development Company for a funding of Rs 1,000 crore (approx $ 200 million). The instrument of funding, however, has yet to be formalised.Mubadala is wholly owned by the government of Emirates of Abu Dhabi. The tenure …

Jet Airways, will forge a frequent flyer partnership with United Airlines, one of the largest international carriers based in the United States, effective November 15, 2008. With this partnership, Jet Airways’ JetPrivilege members may now earn and redeem JPMiles on the entire global network of United Airlines, and, United Airlines’ Mileage Plus members may now earn and redeem their miles …

With the aviation industry in a facing rough weather, private air-carrier Jet Airways has terminated services of up to 35 expatriate pilots who captain the airlines’ Boeing 737-aircraft. Confirming the development, a Jet Airways spokesperson said some 25-odd pilots have been sacked. But aviation industry sources claimed that services of up to 35 expatriate Boeing-737 captains have been terminated by …

Jet Airways, has just launched an In-flight Festival for Children called W.O.W (World of Wonders) with the onset of the festive season. WOW – is a tailor-made, two month long in-flight fiesta suitable for viewing by the entire family, while they fly Jet Airways. The festival will feature an exclusive Disney Channel compilation of hit shows like Hannah Montana featuring …

Thanks to the global reduction in crude oil prices, and reductions in Customs duty (in response to desperate pleas by airlines), Aviation Turbine Fuel (ATF) prices in India, have retreated back to earlier levels of 8 months ago. Today, ATF is priced almost the same as in March 2008, but air fares show no sign of retreating. Airlines had almost …

Jet Airways, today connected Bengaluru with New York (Newark and JFK) and Toronto, via its European hub in Brussels with four weekly flights – on Fridays, Saturdays, Sundays and Mondays respectively, till December 14, 2008. In keeping with the higher holiday season passenger traffic, Jet Airways will increase its frequency on the sector, operating daily flights between Bengaluru and Brussels …

At a ceremony at New York’s Public Library recently, Condé Nast Traveler one of the world’s leading high end travel magazine, announced that Jet Airways has been selected as one of the top three airlines in the world in its 2008 Readers Choice Awards survey. Congratulations to the team at Jet. Jet Airways, India’s leading international airline, launched North American …

The bad news just does not stop for the domestic Indian civil aviation industry. Recently released figures show an alarming drop to only 8.6 million domestic passengers for the third quarter of (July-September) 2008, with a miserable 2.68 million passengers for September 2008. This represents a 17% reduction over the same period last year, a 19% reduction from the previous …

The consolidation in the Indian aviation industry has commenced. Jet Airways announced, today, it has entered into a codeshare arrangement with JetLite, its wholly-owned, all economy subsidiary as part of its ongoing efforts to offer passengers synergetic benefits when they choose to fly with the Jet group. As part of the agreement, Jet Airways will place its marketing code (9W) …

Press Trust of India reports that fair trade practices body Monopolies and Restrictive Trade Practices Commission (MRTPC), today, ordered a probe into the operational alliance formed between two leading private carriers, Jet Airways and Kingfisher Airlines. According to highly placed sources, taking a suo moto cognisance based on media reports, the MRTPC ordered its investigative arm, Director General of Investigation …

According to a Press Trust of India (PTI) report, the downturn in the aviation sector yesterday brought the differences among UPA ministers into full play on issues like the bailout for the beleaguered industry. The Labour Ministry convened a tripartite meeting to discuss the sacking of 1,900 Jet Airways employees. “We will seek details of employment and inspect the work …

In a complete U turn, Jet Airways Chairman, Mr. Naresh Goyal held a sentimental and emotional press conference and announced a reinstatement of all sacked employees. In less than 24 hours claiming all staff are family, Mr. Goyal stressed it was an economic decision to lay off, but an emotional one to reinstate. Keeping in view, the criticism by all …

The blood letting in the Indian aviation industry shows no signs of stopping. After the much publicised sacking of 850 cabin crew early on October 15, Jet Airways announced the retrenchment of another 1,050 staff, which also includes flight crews. News reports indicate that another 1,000 jobs will be cut by the end of this year. That will bring down …

Dr. Vijay Mallya and Mr. Naresh Goyal have just announced an alliance between Kingfisher Airlines and Jet Airways. They announced only rough contours using very broad strokes. Details are awaited. At this point, no equity investment will be made. The alliance will include synergies in routes, sharing ground handling and infrastructure, cross-selling of seats, code shares, crews, and frequent flier …

The deepening economic crises are forcing the hands of the private airlines in India. Manisha Singhal of the Business Standard reports that airlines have sought a bailout of almost $1 billion (Rs. 4,700 Crore) amidst losses expected to reach $2 billion this year. Take a cue from the recent $440 million (Rs. 2,000 Crore) bailout of NACIL, the national airline, …

Jet Airways, announced, they will re-introduce their daily operations on the Pune-Bengaluru-Pune sectors, becoming the only airline to offer its passengers a same day return service between the two cities, effective September 11, 2008 Jet Airways will commence daily operations on the sector with Boeing 737 aircraft, complementing the airline’s existing (six days a week) service on the sector. Flight …

Jet Airways, will connect Thiruvananthapuram and Muscat, with daily, direct flights, effective September 15, 2008. Jet Airways will operate these services with its internationally-configured Boeing 737-800 aircraft with a two-class configuration: Première and Economy. The new flight will complement Jet Airways’ existing daily service on the Mumbai-Muscat sector. Jet 9W 530 (Thiruvananthapuram-Muscat) will depart Thiruvananthapuram at 0755 hrs and arrive …

From September 1, 2008, Jet Airways, will re-introduce its third service on the Delhi-Udaipur sector with a new ATR 72-500 aircraft. Jet Airways flight 9W 3325 will depart Delhi at 1635 hrs, arriving in Udaipur at 1810 hrs. On the return leg, flight 9W 3326 will depart Udaipur at 1840 hrs, arriving in Delhi at 2020 hrs. The flight will …

Jet Airways has started advertising its maiden international flights from Bangalore to and from Brussels, expected to commence from October 31, 2008, and November 1, 2008, respectively, subject to Government approvals. The flights will be operated using Jet’s Airbus A330-200 aircraft. Jet Airways has 10 in its fleet of of date. The schedule announced on the company website is : …