The Jet Airways revival is stalled over the issue of the grant of slots. Jet’s position is that they should be able to reclaim the slots that were “temporarily assigned” to other airlines. The government on the other hand has indicated that the government will consider the airline’s request for slots as per existing policy. Effectively saying that Jet would …
Read More »by Devesh Agarwal and Vinay Bhaskara Yesterday, India’s largest private carrier sold its three precious landing slots at London Heathrow airport to Abu Dhabi, UAE based Etihad Airways for $70 million. Etihad will lease the slots back to Jet Airways for the time being. London is essentially THE destination for Jet Airways, which currently serves Heathrow daily from New Delhi …
Read More »Yesterday, Air India chief executive Rohit Nandan announced that Air India would be withdrawing one of its two daily Delhi-London-Heathrow flights from February 2012 and auctioning off the slots. Currently, Air India competes on the sector with Kingfisher, British Airways, Virgin Atlantic, and Jet Airways; all of whom offer more consistent products and command higher fares than Air India. The …
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