In 2012, in an exclusive interview with Bangalore Aviation, then Boeing India boss Dr. Dinesh Keskar advocated the need for both national carrier Air India, and India’s largest private airline, Jet Airways, to dramatically scale up their networks to utilise their widebody fleet (Boeing 777s, 787s, Airbus A330s) effectively. (Read the interview here, and Dr. Keskar’s advice is towards the …
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[bsu_note note_color=”#affbcd” text_color=”#070707″ radius=”4″] By the numbers A fortnightly financial analysis column by independent financial analyst Nupur Sarraf. The views are of the author and Bangalore Aviation may not subscribe to them in full or in part.[/bsu_note] Jet Airways has once again turned to Etihad to raise funds. The Indian carrier is in talks with the Middle Eastern airline to …
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I had to make a short-notice business trip to Dubai in early November 2014. For the week I needed to travel, I found airfares on most carriers extremely high. This included the only non-stop airline between Bangalore and Dubai, Emirates. On shopping for better fares, I came across a good fare on the UAE’s other national carrier, Etihad which flies …
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Airline Route reports that Abu Dhabi based Etihad Airways is planning to deploy wide body A330-200s and Boeing 777-300ERs it has leased from India’s Jet Airways on flights around the world in the Winter 2014 schedule which commences from October 26th. Etihad holds a 24% share in Jet. Etihad plans to deploys Jet’s A330-200s on: Abu Dhabi – Johannesburg as …
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India’s largest private carrier Jet Airways has extended its comprehensive engine service agreement, OnPoint, with General Electric. The agreement valued at over $200 million, will cover the 22 GE90-115B engines powering the airline’s 10 Boeing 777-300ERs, with GE providing the maintenance, repair and overhaul of these engines through 2022. Jet has also contracted GE to increase the thrust of its …
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India’s largest private carrier Jet Airways has expanded its code-share partnership with Etihad Airways which holds a 24 percent stake in the former. The agreement will allow Jet passengers from India to connect on to flights on the Etihad network via Abu Dhabi to European destinations including, Amsterdam, Brussels, Düsseldorf, Dublin, Frankfurt, Geneva, Manchester, Milan, Munich, and Paris, to north …
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In a December 12th filing with the Borsa Istanbul stock exchange (BIST), national carrier Turkish Airlines has said it will lease three Airbus A330-200 aircraft from India’s Jet Airways for a period of six years. The financial details of the proposed lease were not made available. The middle-eastern giant will lease another five A330s from Dutch lessor AerCap for a …
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Etihad Airways, the national airline of the United Arab Emirates, will launch a daily service from Abu Dhabi to Jaipur commencing on April 1, 2014. With Jaipur, Etihad will serve ten destinations in India Ahmedabad, Bangalore, Chennai, Hyderabad, Kochi, Kozhikode, Mumbai, New Delhi and Trivandrum. Etihad will operate the service with an Airbus A320 aircraft in a two-class configuration, 16 …
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by Devesh Agarwal Etihad Airways has wasted no time in capitalising on its recent bonanza of seat quota increase under the new India UAE (Abu Dhabi) bi-laterial air services agreement (BASA). It has announced a massive increase in flights to most of its destinations in India. Specifically Mumbai and New Delhi: from 7 to 14 flights per week with immediate …
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Earlier today, it was announced that Indian full service carrier Jet Airways would be cancelling its longstanding daily flights between its Southern hub at Chennai, and Colombo from 3rd January, 2014. The route, which was operated with Boeing 737-800 equipment, had schedules as follow: 9W252 ~ MAA – CMB ~ 0055 – 0210 ~ 738 ~ Daily 9W253 ~ CMB …
Read More »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 …
Read More »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 …
Read More »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 …
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Bangalore-Abu Dhabi-Chicago, Mumbai-Abu Dhabi-New York, Delhi-Abu Dhabi-Newark amongst new flights requested by Devesh Agarwal and Vinay Bhaskara Image Credit: Etihad Airways On the back of the new bilateral air services agreement which has almost quadrupled capacity, Etihad Airways, the national carrier of the United Arab Emirates, will greatly increase both seats and flights for travel to and from India, …
Read More »by Vinay Bhaskara Qatar Airways Boeing 787 Dreamliner – Image Credit: Qatar Airways MEB3 carrier Qatar Airways has provided confirmation of the plans to bring its Boeing 787 Dreamliner to India via the Doha-Delhi and Doha-Bangalore sectors from September 1st. Bangalore Aviation had previously reported on the new aircraft placement via a report from Airline Route. Qatar Airways Dreamliners are …
Read More »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 …
Read More »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 …
Read More »by Vinay Bhaskara Late last week, The Times of India reported Turkish Airlines, one of the world’s fastest growing airlines in the world, wanted to more than quintuple its Indian footprint, requesting an increase in weekly seat allocation from 4,000 to 20,000 seats per week, and gain access to Bangalore, Kolkata, Chennai, Hyderabad, Amritsar, and Ahmedabad. Turkish is also requesting …
Read More »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 …
Read More »by Vinay Bhaskara Abu Dhabi based full service carrier Etihad Airways announced yesterday that it had achieved record revenue growth for the second quarter and first half of 2013. For Q2 2013, passenger revenues grew a robust 8% to $921 million, while passenger revenues for the first half of 2013 hit $1.8 billion, up 13% from $1.6 billion in 2012. …
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