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Tag Archives: JetLite

Indian airlines’ 2015 annual review – IndiGo, Vistara, and Spicejet the leaders

The nightly aircraft line-up tail parade at the apron of Kempegowda International Airport Bangalore

Which is the best airline in India? To which we would say, “by what measure?” An analysis of the DGCA’s data on domestic air travel shows some interesting and contradicting results. The biggest airline by number of passengers is IndiGo. The most punctual airline is Vistara. Spicejet had its aircraft filled the most, but it is also the leader in …

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Jet Airways’ Q2 FY2016 profits still reflect some concerns

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

Jet Airways recently reported results for the second quarter (July – Sept).  Profit for the quarter was at 87.5 crores however, that does not give the complete picture. Analysed further the numbers bring up several trends. Lower fuel prices have helped bring down costs significantly Jet Airways CASK (cost per available seat kilometre) is in the range of Rs 4.14 …

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Jet Airways Q2 FY 2014-2015 results analysis

Jet Airways' Boeing 737-800 VT-JBD

by Ameya Joshi Jet Airways, India’s largest private airline reported its third quarter fiscal year 2014-15 (FY2015) results on February 6, 2015, reporting a wafer thin operating profit after seven consecutive quarters. The airline moved to full service operations in December 2014 and the quarter reflected a mix of full service and low cost operations. Wafer thin profits The airline …

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Graphical analysis of India’s domestic air traffic in 2014

The nightly aircraft line-up tail parade at the apron of Kempegowda International Airport Bangalore

Keeping in line with the weak economic growth in India, domestic air passenger traffic grew a tepid 9.7% during 2014. In 2013 61.426 million passengers travelled, which grew to 67.383 million. Monthly data and info-graphics December is the peak month for travel in India, both international and domestic. As the stacked monthly graph shows, in December 6.44 million (64.4 lakhs) …

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Jet Airways Q1 FY2013~14 performance analysis – part 2 – JetLite, aircraft utilization, and ancillary revenues

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 …

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Air traffic plunges 11.5%, as air fares rise. Jet Airways group crashes almost 21%, IndiGo down 11%.

Talk about irony. In March this year, Dr. Dinesh Keskar and Bangalore Aviation were discussing the double digit, yet profitless growth occurring in the Indian airline industry. Less than six months later, air traffic continues its fifth consecutive month of decline. Within, just the third calendar quarter, (second quarter of the fiscal year 2012~13), air traffic plunged over 11.5%, from …

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Coincidence in the registration series of Jet Airways’ 737s VT-JFx and IndiGo’s A320s VT-IFx

This is an interesting snippet and for the interest of plane spotters. At present, the two leading airlines in India are Jet Airways and IndiGo; and they also happen to be aggressively adding aircraft to their fleet. By sheer coincidence, the registration sequences for the new aircraft for both these airlines happen to be very similar. Jet’s new Boeing 737s are …

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Infographics: April Data for the Indian Airline Market

The image above shows the load factors at each of India’s airlines. Considering that Kingfisher has shrunk so much, it is surprising that their seat factor has not elevated past its pre-downsize levels. The image above shows on-time performance for April. Two interesting things to note about the data. First, Kingfisher’s OTP has come back down to earth. In earlier …

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“How can you save money, except by getting the 787?” Interview with Dr. Dinesh Keskar, President, Boeing India

On the sidelines of the India Aviation 2012 show at Hyderabad, Devesh Agarwal had an exclusive one-on-meeting interview with Dr. Dinesh Keskar, President, Boeing International Corporation India Pvt. Ltd., and Senior Vice President of Sales, Asia-Pacific and India, Boeing Commercial Airplanes. Dr. Keskar also chairs the Committee on Aviation at the Federation of Indian Chambers of Commerce and Industry (FICCI) which …

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Jet Airways consolidates low cost Konnect and JetLite brands but increases brand confusion

Rishul Saraf and Devesh Agarwal India’s largest domestic airline Jet Airways, has announced a unification of its two low cost brands JetLite and Jet Airways Konnect to be called JetKonnect from March 25, 2012. As per the airline, a “gradual rebranding” of the JetKonnect brand will commence on March 25, manifesting itself on letterheads, the JetKonnect website, boarding passes, tickets, …

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Middle East Loses its Luster for India’s Airlines

Will the majority of future of India-Gulf flights go through Dubai? The first 9 months of 2012 will see a major re-shuffling by India’s airlines on the heavily trafficked India-Gulf sector, as airlines respond to higher fuel prices and a poor regulatory environment, and Air India continues to re-align its network strategy. Air India will be enacting the most significant …

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Jet Airways must remove brand confusion by consolidating its low cost Konnect and JetLite services

TURBOCHARGING JET AIRWAYS PART 1By Rishul Saraf Jet Airways is a pioneer in Indian aviation. From the earliest stages of India’s economic liberalisation, with a fleet of just four Boeing 737-300 and 737-400, Jet Airways grew to reach a fleet size of over 92 aircraft, by 2008, and become a dominant force in Indian aviation. Since then, due to recession, …

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Podcast: The chaos in the Indian airline sector and suit by ATA to block US Ex-Im bank funding to Air India

India has the world’s fastest growing airline sector – yes faster than even the Gulf, much of whose traffic is again driven by India. Year on year growth is 17%. Despite this, in its 100th year, the civil aviation sector in India is in near total financial chaos. Air India is a political plaything that has no business being a …

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Financial analysis of JetLite’s Q1 fiscal 2011~12 results

This is the final carrier-specific financial analysis for Q1, covering JetLite. The overall market picture will be studied in a separate analysis. Previous Analyses: Jet Airways, Kingfisher, SpiceJet Despite the positive results shown by its parent carrier Jet Airways in the face of rising fuel costs, low fare carrier JetLite succumbed to domestic competitive pressures, posting relatively poor results in …

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Comparison of 1Q operating parameters of Jet Airways, JetLite, Kingfisher, and SpiceJet

India has three airline groups which are listed on the stock market and therefore regularly release information on their quarterly and annual financial and operating performance. Jet Airways group comprising of full service carrier Jet Airways and its low cost subsidiary JetLite, (the low fare service Jet Airways Konnect’s numbers are rolled in to those of Jet Airways), fellow full …

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IndiGo and Jet lead performance and market share but also in passenger complaints

India’s Directorate General of Civil Aviation reported domestic performance metrics of the seven Indian carriers for February 2011. Overall traffic was up 18.46% to 4.576 million passengers from 3.863 million passengers a year earlier. Cumulative traffic for 2011 is up 19.62% to 9.511 million from 7.951 in 2010. The Jet Airways group, comprising of Jet Airways, Jet Airways Konnect and …

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Jet Airways posts strong growth in Q3 fiscal 2011 – an analysis

Aided by the resurgent Indian economy, improvement in global business and leisure travel, Mumbai based Jet Airways group (Jet Airways, Jet Airways Konnect, and JetLite) posted strong results for the third quarter of fiscal year 2011, which ended December 31, 2010 Profit before tax for group for the quarter increased a whopping 122% from Rs. 109.8 crore (US$ 23.6 million) …

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Winter schedule brings a host of new routes to India

The Winter 2010 schedule for airlines commenced from Sunday and as expected major airlines, domestic and international, have announced a raft of new flights. Austrian AirlinesLufthansa group member has introduced five flights a week between Mumbai and Vienna and increased its five a week New Delhi Vienna flights to six. The Mumbai Vienna flight will be operated by a Boeing …

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