Tag Archives: Jet Airways

Your opinion: Question of the week: Is Jet Airways too financially weak? What should existing investors do?

by Devesh Agarwal Majority of Jet’s A330 fleet parked at New Delhi’s IGI airport In what is not a very uncommon development, The Economic Times reports, India’s financial markets’ watchdog, the Securities Exchange Board of India, better known as SEBI, has written to the Foreign Investment Promotion Board (FIPB), the approver of FDI proposals, expressing concern on the agreement to …

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Opinion: Air India pilots should not resort to scare tactics

by Devesh Agarwal The Indian Commercial Pilots Association (ICPA) of the erstwhile Indian Airlines, who fly the narrow body A320 family fleet of national carrier Air India is resorting to scare tactics accusing the airline “of arbitrarily changing the flight operating procedures for narrow-body A320 aircraft, affecting flight safety.” The issue revolves around the carrier’s decision to reduce the acceleration …

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Have your say: Question of the week: Will the Jet Etihad deal fructify? Will Jet survive?

by Devesh Agarwal We welcome your feedback and comments on the Jet-Etihad deal. Without a doubt the humongous increase in seat capacity offered to the Abu Dhabi government by India has some quid-pro-qua links to the Jetihad deal. There is also talk that the bilaterals seat increase was to pacify the UAE government after their telecom company allegedly lost over …

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Vested interests shaping government policy helped AirAsia partner Tatas too

AirAsia India first Airbus A320 with Sharklets VT-ATF

Aviation insiders have known for many years what AirAsia boss Tony Fernandes dared publicly state the day before yesterday, after his meeting with civil aviation minister Ajit Singh. Vested interests have shaped, nay, distorted Indian civil aviation policy. One of the more shameful rules of Indian civil aviation is the policy of allowing Indian carriers to operate international flights only …

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Analysis: Will Jetihad lop-sided deal favouring Etihad be corrected or be an eye-wash?

by Devesh Agarwal Last week’s deferral by the Foreign Investment Promotion Board (FIPB) of the proposal of Abu Dhabi based Etihad Airways to buy a 24% stake in Jet Airways has brought to light how the middle-eastern carrier will have an equal or higher say in the functioning of Jet despite owning just 24%. The deferral has also shed light …

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Air France and KLM partner with Jet Airways to expand India connectivity

Air France and KLM Royal Dutch Airlines, have entered in to a unilateral code-share agreement with India’s Jet Airways which will allow them to extend their connectivity to Indian cities which are currently not served by them. At present Air France and KLM operate 27 flights a week to India. Air France has flights from Paris Charles De Gaulle (CDG) …

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Gary Toomey new CEO of Jet Airways

Jet Airways (India) Limited, today announced the appointment of Mr. Gary Kenneth Toomey as its new Chief Executive Officer. The appointment follows the resignation of Mr. Nikos Kardassis who left the airline after serving two terms as Chief Executive Officer. Mr. Toomey, 58, an Australian national, previously served as President and Chief Executive Officer of the Air New Zealand Group …

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Travelling with new lower check-in and carry-on hand baggage allowances

by Devesh Agarwal Last month, I flew more than 50,000 miles across many nations, and airlines, and in the process experienced the carry on hand baggage and check-in baggage rules of different airlines, countries, and airports and to a chance try out new lightweight luggage. [Disclaimer: I have not received any benefit, in any form, from any of the airlines …

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Jetihad casualty. Nikos Kardassis resigns as Jet CEO

Ever since the Jetihad deal was announced in late April, where Jet agreed to sell 24 per cent stake for Rs. 2,042 crore to Etihad Airways, we industry watchers were waiting to see when the casualties of senior management at Jet Airways would commence. Officially Etihad will get three seats on the Jet board, including the CEO, but it is …

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Report: Jet Airways scissors hub moving to Amsterdam

Earlier this week in a press conference at Amsterdam鈥檚 Schiphol Airport, Etihad CEO broke the news that Indian full service carrier Jet Airways will be transferring its European scissors hub from Brussels to Amsterdam. Thanks to the recently created Jetihad partnership (Etihad owns 24% of Jet Airways), Etihad exerts significant control over Jet鈥檚 international strategy. Jet Airways currently operates daily …

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Three-way analysis: How does Emirates respond to Jetihad?

By Oussama Salah, Vinay Bhaskara, and Devesh Agarwal Photo copyright Devesh Agarwal The Indian government often makes curious decisions in setting aviation policy. For example, it encouraged Air India to lower prices to gain market share, causing mayhem in the market place and increasing Air India鈥檚 losses. It also recently 聽allowed Air Asia to expand in India by approving a …

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Jet Airways reduces free baggage allowances

Jet Airways and JetKonnect have effectively hiked their fares by Rs. 1,250 by reducing the economy class free baggage allowance from 20 kilos to 15 kilos on all domestic flights within India, effective May 15, 2013. Cabin baggage will be restricted to seven kilos, against a national norm of eight kilos. Frequent flyers who are JetPrivilege elite status members, (Platinum/Gold/Silver), …

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Analysis: Jetihad partnership a big winner for the two airlines

by Devesh Agarwal Jet’s A330 fleet is expected to be deployed to Abu Dhabi The 24% stake sale by Jet Airways to Abu Dhabi owned and based Etihad Airways is a bonanza for both the airlines. For Jet Airways it gets a significant amount of cash it desperately needs to reduce part of its massive two billion dollar debt, since …

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Analysis: India and UAE sign MoU on bilateral air services agreement

The official version of the press release from the Press Information Bureau of the Government of India. India and United Arab Emirates (UAE) signed an MoU on Air Services, following the two-day bilateral negotiation at Abu Dhabi today. The UAE had urged India to allocate additional 40,000 seats per week, grant Goa, Pune, Amritsar and Lucknow as additional points of …

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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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INFOGRAPHIC: Airline-wise share of international passenger traffic, to and from India, 2011 to 2012

Based on a report in The Economic Times we have prepared this infographic showing the airlines’ market share of international passenger traffic to and from India during fiscal 2011~2012. The chart throws up some surprises. SriLankan Airlines and Oman Air feature on this list, but Singapore Airlines does not. Hard to accept? and where is AirAsia? Share your thoughts via …

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Jet Airways offer direct transfers for morning international to domestic flights

Jet’s international passengers to transfer direct to domestic flights through international terminal security hold area. International Jet Airways’ passengers landing at Mumbai’s CSI Airport, and connecting on to domestic flights will now have the option of being able to transferred to the domestic terminal to board their flights directly. This facility is available to passengers of Jet Airways flights arriving …

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Photos: New Delhi airport – aerial views of the ramp, Jet’s A330 fleet, Blue Dart and Kenya Airways freighters

by Devesh Agarwal Once again the kind friends at Delhi International Airport (P) Ltd. (DIAL), the company which operates the Indira Gandhi International Airport (IGIA), supported the Aviation Photographers India Foundation by giving access to the airside, after they had received permission from the DGCA. Yours truly, got on to a Rosenbauer turn-table ladder (TTL) of the airport fire-fighting team, …

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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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Jet Airways to upgrades Delhi-Brussels-Toronto to Airbus A330-300

Mumbai based, Jet Airways, has upgraded its Delhi Toronto via Brussels route to be operated by their brand new Airbus A330-300 (A333). The route was previously operated by A330-200’s. The A330-300 will increase seating capacity from 18 in business class and 236 in economy to to 34 in Business and 259 in Economy. The economy class passengers will get some …

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