Tag Archives: Jet Airways

Abu Dhabi-based Etihad Airways and Mumbai-based Jet Airways today announced that they have closed the transaction of a 24% equity stake by Etihad Airways in Jet Airways. In a release they said “All requisite Indian regulatory approvals had been obtained by November 12th, 2013. Jet Airways has, on November 20th, 2013, issued and allotted 27,263,372 equity shares of a face …

Jet Airways and national flag carrier Garuda Indonesia have concluded a code share agreement for connectivity between India and Indonesia.Under the arrangement, using Singapore as a hub, Jet Airways will place its marketing code on Garuda Indonesia’s flights between Singapore and Jakarta and Garuda will place its marketing code on Jet Airways’ flights between Singapore and Mumbai, Delhi and Chennai. …

Jet Airways is offering a special discount on domestic airfares to attendees of the Rotary South Asia Literacy Summit to be held in New Delhi on December 14 and 15. The airline will extend a 5% discount on the base fare and fuel surcharge. Use the discount code “JETRSA2013” when making the booking on the Jet Airways website. Other terms …

by Devesh Agarwal The aviation enthusiast community may not have too much respect for The Economic Times newspaper when it comes to technical accuracy when reporting aviation related stories, but hats off to a great article that goes in to the depths on how the deal for a 24% stake by Etihad Airways in Jet Airways was negotiated and struck. …

by Devesh Agarwal On Tuesday, beleaguered Indian carrier, Jet Airways cleared its final hurdle in its $397 million quest to sell a 24% stake to Abu Dhabi based Etihad Airways PJSC, when the Competition Commission of India (CCI), cleared the deal paving the way for the Naresh Goyal promoted Jet to receive desperately needed cash from the deal. The Union …

by Devesh Agarwal Gurgaon based low fare carrier SpiceJet Ltd., continued the record of disastrous performance in the Indian airline industry when it announced a record Rs. 559 crore loss for the second quarter, ended September 30, of the fiscal year 2013~2014. This compared to the Rs. 163.5 crore loss from the same quarter last fiscal, and a Rs. 50.5 …

by Devesh Agarwal On September 4th, Etihad Airways and Jet Airways had petitioned the United States Department of Transportation (USDOT) to authorise them to code share i.e. put their marketing codes on each other airlines’ flights. Download the original petition in PDF format here or scroll to end of the article to view it and the approval letter. Etihad requests …

By BA Staff Jet Airways’ JetPrivilege frequent flyer program announced a partnership with ColorPlus, a clothing brand for men. JetPrivilege members will get rewarded with 10 JPMiles for every Rs. 100 spent on purchases made at ColorPlus exclusive stores across India. JetPrivilege members will now get to experience premium ‘Smart casuals’ and the many product enhancements, introduced by ColorPlus’ innovations, …

By BA Staff Jet Airways has introduced an option for guests to book and pay for their favourite JetEscapes Holidays, on the website www.jetairways.com. Jet Airways has crafted theme based holidays for its guests. Guests can select their preferred holidays from an array of popular themes like beach, pilgrimage, historical, wildlife, family and corporate holidays.  These holidays include return air …

by Devesh Agarwal The rumour mill has that Jet Airway’s Chief Commercial Officer Sudheer Raghavan will be leaving the airline soon and is expected to be succeeded by Mr. Wayne Pearce, currently the CEO of Oman Air. Pearce reportedly enjoys a good rapport with Etihad CEO James Hogan. Etihad which is in the process of completing a 24% stake purchase …

by Devesh Agarwal The second member of the Boeing 787 Dreamliner family, the 787-9 successfully completed its first flight, beginning a comprehensive flight-test program leading to certification and delivery in mid-2014. The aircraft performed a 5-hour, 16-minute flight, taking off from Paine Field in Everett, Washington state, at 11:02 a.m. local time and landing at 4:18 p.m. at Seattle’s Boeing …

by Vinay Bhaskara and Devesh Agarwal Earlier this month, defunct Indian carrier Kingfisher Airlines, which has been grounded since 20th October, 2012 when the Indian regulator, the Directorate General of Civil Aviation (DGCA) suspended its flying license, filed its annual report for fiscal year 2012-2013. Instead of focusing on finding a way to pay off the nearly Rs. 7,000 Crore …

by Vinay Bhaskara A report in Ch-Aviation is stating that proposed domestic start-up Zexus Air, to be based at Delhi, is planning to acquire four Embraer E175LR regional jet aircraft (with manufacturer serial numbers [MSNs] 17000277, 17000287, 17000291, and 17000309), as per its application with India’s Directorate General of Civil Aviation (DGCA) for an air operator certificate (AOC). The aircraft were …

by BA Staff Jet Airways has launched its mobile application (app) designed exclusively for Android smartphones. The mobile application will allow the airline’s guests to conveniently book tickets, check flight status, manage their JetPrivilege account and enjoy special promotional offers, among a host of other features. The native mobile application is now available for free down load from Google Play. …

by Vinay Bhaskara Image Credit: Devesh Agarwal India’s largest full service carrier, Jet Airways, is adding a second daily flight between its largest hub at Mumbai, and Singapore. The second daily flight, effective 1st November 2013, will be served using 154 seat Boeing 737-800 aircraft in a 2-class configuration (16 J / 138 Y). The proposed new flights, 9W 10/9 …

by Vinay Bhaskara According to several reports, Mumbai-based full service carrier Jet Airways is planning on pulling out from Bhubaneswar from the Winter 2013/14 season. Inventory has been zeroed out from 27th October onwards and flights to and from Bhubaneswar are no longer bookable on jetairways.com. Additionally, sources are saying that Jet Airways has not requested slots at Bhubaneswar for …

by Devesh Agarwal US airplane manufacturer Boeing has delivered to two Indian airlines, SpiceJet and Jet Airways, their newest 737-800NG aircraft. Last Thursday, VT-SZH of SpiceJet, L/N 4573 C/N 41261 B737-86N departed Boeing Field International airport for India via Gander, Newfoundland, Canada. The aircraft has already landed in New Delhi and completing its customs and aviation paperwork formalities to enter …

by Vinay Bhaskara JetLite continues to be a (modest) bright spot in Jet Airways’ broader operations. The low cost wing of Jet Airways, which was recently merged with the JetKonnect brand to streamline low cost operations, reported a net post-tax profit of Rs. 6.9 Crore, down from Rs. 11.7 Crore a year prior. An increased proportion of JetKonnect’s fleet was …

by Vinay Bhaskara and Devesh Agarwal Earlier this week, Mumbai based Jet Airways announced a net post-tax loss of Rs. 355.4 Crore (US $ 59.8 million) for the first quarter of Fiscal Year 2014, reversing from a Rs. 24.7 Crore net profit during the same period a year prior. Total revenues declined a whopping 12.3% to Rs. 4, 064.4 Crore …

by Devesh Agarwal The 24% stake sale by India’s Jet Airways to Abu Dhabi’s Etihad Airways has been finally cleared by India’s Foreign Investment Promotion Board (FIPB), albeit with conditions, after the share holder agreement (SHA) was changed to incorporate the apprehensions of the government of India. One of the conditions imposed by the FIBP requires prior Government approval before …