Jet Airways
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Founded | 1 April 1992 | ||||||
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Commenced operations | 5 May 1993 | ||||||
Hubs | Chhatrapati Shivaji International Airport (Mumbai)[1] | ||||||
Secondary hubs |
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Focus cities | |||||||
Frequent-flyer program | JetPrivilege | ||||||
Airport lounge | Jet Lounge | ||||||
Subsidiaries | JetKonnect | ||||||
Fleet size | 116 | ||||||
Destinations | 74[4] | ||||||
Company slogan | The Joy of Flying | ||||||
Parent company | Tailwinds Private Limited | ||||||
Headquarters | Mumbai, India[5] | ||||||
Key people |
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Revenue | ₹20908 crore (US$3.1 billion) (2015)[8] | ||||||
Profit | ₹-2101 crore (US$−310 million) (2015) | ||||||
Employees | 13,945 (2014) | ||||||
Website |
www.jetairways.com www.jetkonnect.com |
Jet Airways is an Indian airline based in Mumbai. It is the second largest airline in India, both in terms of market share[9] and passengers carried, after IndiGo.[10] It operates over 300 flights daily to 74 destinations worldwide from its main hub at Mumbai and secondary hubs at Bengaluru, Chennai, Delhi, Kolkata and Pune.[1]
History
1992-2009: Inception and growth
Jet Airways was incorporated as an air taxi operator on 1 April 1992. It started commercial operations on 5 May 1993 with a fleet of four leased Boeing 737-300 aircraft from Malaysia Airlines. In January 1994 a change in the law enabled Jet Airways to apply for scheduled airline status, which was granted on 4 January 1995. Naresh Goyal – who already owned Jetair (Private) Limited, which provided sales and marketing for foreign airlines in India – set up Jet Airways as a full-service scheduled airline to compete against state-owned Indian Airlines. Indian Airlines had enjoyed a monopoly in the domestic market between 1953, when all major Indian air transport providers were nationalized under the Air Corporations Act (1953), and January 1994, when the Air Corporations Act was repealed, following which Jet Airways received scheduled airline status.
Jet began international operations from Chennai to Colombo in March 2004. The company is listed on the Bombay Stock Exchange, but 80% of its stock is controlled by Naresh Goyal (through his ownership of Jet's parent company, Tailwinds). It has 13,177 employees (as at 31 March 2011).[11] In January 2006 Jet Airways announced that it would buy Air Sahara for US$500 million in an all-cash deal, making it the biggest takeover in Indian aviation history. It would have resulted in the country's largest airline but the deal fell through in June 2006. On 12 April 2007 Jet Airways agreed to buy out Air Sahara for INR14.5 billion (US$340 million). Air Sahara was renamed JetLite, and was marketed between a low-cost carrier and a full service airline. In August 2008 Jet Airways announced its plans to completely integrate JetLite into Jet Airways.[12] In October 2008, Jet Airways laid off 1,900 of its employees, resulting in the largest lay-off in the history of Indian aviation.[13]
However the employees were later asked to return to work; Civil Aviation Minister Praful Patel said that the management reviewed its decision after he analysed the decision with them.[14][15] Jet Airways and their rival Kingfisher Airlines announced an alliance which primarily includes an agreement on code-sharing on both domestic and international flights, joint fuel management to reduce expenses, common ground handling, joint utilization of crew and sharing of similar frequent flier programmes.[16] On 8 May 2009 Jet Airways launched its low-cost brand, Jet Konnect. The decision to launch a new brand instead of expanding the JetLite network was taken after considering the regulatory delays involved in transferring aircraft from Jet Airways to JetLite, as the two have different operator codes. The brand was launched on sectors that had 50% or less load factor with the aim of increasing it to 70% and above. Jet officials said that the brand would cease to exist once the demand for the regular Jet Airways increases.
2010-present
According to a PTI report, for the third quarter of 2010, Jet Airways (Jet+JetLite) had a market share of 22.6%[17] in terms of passengers carried, thus making it a market leader in India, followed by Kingfisher Airlines with 19.9%. In July 2012, Jet Airways officially sought government approval to join Star Alliance.[18] In June 2011, Jet Airways was the first domestic airline to ban carrying fish, crab, meat, poultry products and liquid items as check-in baggage.[19] Early in 2013, Etihad Airways, one of the flag carriers of the United Arab Emirates based in Abu Dhabi, planned to buy a stake in Jet Airways. On 24 April 2013, Jet announced that they were ready to sell a 24% stake to Etihad for US$379 million.[20] Earlier, in September 2012, the government of India announced that foreign airlines could take a stake of up to 49% in Indian airlines, thereby making this deal possible. Etihad, which had already purchased stakes in four other loss-making airlines, said they were "concentrating on future potential rather than past performance", and were ready to take the stake in Jet.[21] Initially, Jet announced that they were likely to sign the stake sale deal with Etihad between 22 January and 3 February,[22] which they later confirmed to as 25 January.[23] However, that date passed and the deal was further postponed.[24]
Meanwhile, Jet Airways concentrated well on revenues, costs and network side, which resulted in the airline making profits for the first time since the rupee depreciation. Nikos Kardassis, the Chief Executive Officer of Jet Airways, said "The combined impact of higher yields and lower costs (ex-fuel) have resulted in significantly lowering the breakeven seat factor levels in the business."[25] The airline announced a sale on its website, which offered two million seats for travel within India, till 31 December 2013. This sale was announced a little over one month after rival low-cost carrier SpiceJet announced a sale, which was expected to have triggered a fare war.[26] High airfares throughout 2012 due to grounding of Kingfisher Airlines caused passengers to opt out of air travel, leading to negative growth in traffic for the first time since 2009. Jet Airways planned to attract more passengers by subsequently lowering the fares, which was followed by SpiceJet again. With two airlines offering cheaper travel, India's flag carrier started losing passengers and it too offered cheaper tickets. This was followed by IndiGo and GoAir, resulting in a full-fledged fare war.[27]
Jet had introduced four different slabs of discounts depending upon the distance to destination. Under the offer, the fare up to 750 kilometres was priced at ₹2250 (US$33), while for 750–1000 kilometres it was ₹2850 (US$42). For air travel over a distance ranging from 1000 to 1400 kilometres, tickets were sold for ₹3300 (US$49) and for travel beyond 1400 kilometres, tickets were sold for a maximum of ₹3800 (US$56).[28] Based on a calculation by The Economic Times, on average, Jet Airways was selling 6400 tickets per day, or 14 tickets per flight, at those discounted rates. According to the news agency, several Indian travel sites started experiencing severe issues following a sudden increase in bookings. MakeMyTrip chief operating officer Keyur Joshi said that this move would help airlines increase aircraft occupancy from 75% to 85%.[29] However, soon after the sale, the airline's market value started going down.[30] This drop in market value was considered to have happened because of the indefinitely postponed Etihad deal. The stock had fallen by 18% in a period of one week. Economic Times reported that "The froth that developed around Jet stock was largely deal driven and has now fizzled away."[31] In August 2014, Jet Airways announced that it is discontinuing its low fare arm JetKonnect and JetLite making Jet Airways third full service airline in India besides Air India and Vistara. In December 2015, Jet Airways announced the closure of its European scissors hub at Brussels Airport, which interconnected four routes between India and North America, by March 2016.[32]
Corporate affairs
Headquarters
Jet Airways's head office is located in the Siroya Centre in Andheri, Mumbai.[33] Jet Airways's head office was previously located in the S.M. Centre, a rented, unmarked six-storey building in Andheri.[34][35] In 2008 Robyn Meredith of Forbes stated that the complex was "as shabby as [Jet Airways] CEO Naresh Goyal's home is posh" and that the complex was "In need of a fresh coat of paint". The complex was 15 minutes driving time from Chhatrapati Shivaji International Airport.[35]
Subsidiaries
JetLite
JetLite was a wholly owned subsidiary of Jet Airways. It was established as Sahara Airlines on 20 September 1991 and began operations on 3 December 1993 with two Boeing 737-200 aircraft. Initially services were primarily concentrated in the northern sectors of India, keeping Delhi as its base, and then operations were extended to cover all the country. Sahara Airlines was rebranded as Air Sahara on 2 October 2000. On 12 April 2007 Jet Airways took over Air Sahara and on 16 April 2007 Air Sahara was renamed as JetLite. JetLite operated a fleet of mixed owned–leased Boeing 737 Next Generation aircraft and Bombardier CRJ-200ER. JetLite ceased operations on 25 March 2012 after merger with Jet Konnect.[36] The Bombardier jets were phased out but the Boeings remained in service and operated for JetKonnect. JetLite offered a buy on board service called JetCafé,[37] offering food for purchase.
JetKonnect
JetKonnect, formerly Jet Airways Konnect, the low-cost brand of Jet Airways, was launched on 8 May 2009.[38] It operated a fleet of Boeing 737 Next Generation aircraft. The rationale for launching Jet Konnect was to close down loss-making routes and divert the planes to more profitable routes with higher passenger load factors. Jet already ran a low-cost airline named JetLite. According to Jet Airways, the decision to launch a low-cost brand instead of expanding the existing JetLite was taken to avoid the regulatory delays associated with moving excess aircraft and assets from Jet Airways to JetLite, which have separate operating codes. Jet Konnect offers a no frills flight where meals and other refreshments have to be purchased on board. To identify if the flight is a full service or Konnect the flight numbers for Konnect are in the series 9W 2000-2999.[39] Jet Airways merged the JetLite brand into Jet Konnect on 25 March 2012.[36] Jet Airways offered business class seats in Jet Konnect after the shut down of Kingfisher Airlines.[40] In December 2012, Jet Airways placed an order for 5 ATR 72-600 aircraft to "enhance regional connectivity." The first aircraft was delivered the same month, leased from GECAS and was operated for JetKonnect.[41]
Jet Airways announced on 11 August 2014 that it would phase out Jet Konnect by the end of the year as part of plans to re-position itself as a uniform full-service operator.[42] On 1 December 2014, Jet Konnect was fully merged with Jet Airways with complementary meal services to take on the competition from the new airline Vistara which was then to start it operations.[43]
Business Trends
The key trends for Jet Airways and all its subsidiaries as of 31 March 2015:
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | |
---|---|---|---|---|---|---|
Revenue (₹: INR bn) | 106.2 | 129.5 | 151.7 | 174.0 | 177.1 | 202.8 |
Profits (₹: INR bn) | −4.6 | 969 | −12.3 | −4.8 | −36.7 | -18.1 |
Departures | 131,108 | 146,876 | 175,646 | 169,254 | 173,723 | 176,406 |
Number of passengers (mn) | 12.0 | 14.6 | 17.3 | 16.8 | 17.2 | 19.4 |
Load Factor (%) | 77.4 | 78.6 | 79.3 | 78.8 | 78.2 | 82.4 |
Number of aircraft (at year end) | 86 | 97 | 102 | 95 | 101 | 107 |
Notes/sources | [44] | [45] | [46] | [47] | [48] | [49] |
Destinations
Jet Airways serves 47 domestic destinations and 22 international destinations, a total of 69[50] in 19 countries across Asia, Europe and North America. Short-haul destinations are served using Boeing 737 Next Generation. ATR 72-500s are used only on domestic regional routes, while long-haul routes are served using its Airbus A330-200, Airbus A330-300 and Boeing 777-300ER aircraft. London, England was the airline's first long-haul destination and was launched in 2005. Since 2007 Jet Airways has had a scissors hub at Brussels Airport in Belgium for onward trans-atlantic connections to Canada and the United States.
The recession forced Jet Airways to discontinue the following routes: Ahmedabad–London, Birmingham-Brussels, Amritsar–London, Bangalore–Brussels, Mumbai–Shanghai–San Francisco and Brussels-New York JFK.[51] It also had to put an indefinite delay on its expansion plans. Jet Airways was forced to lease out seven of its ten Boeing 777-300ERs to survive the financial crunch. Due to the recession all flights to North America were operated on an Airbus A330 replacing the Boeing 777-300ERs. It also had to sell a brand-new, yet-to-be-delivered Boeing 777-300ER in 2009 and had to defer all new aircraft deliveries by at least two years. The airline planned to restore the Mumbai-Shanghai route by the end of 2011 but never went through with it.[52] As the economic crisis in the eurozone countries worsened, Jet also closed the Delhi-Milan route.[53]
Codeshare agreements
Jet Airways has codeshare agreements with the following airlines (as of December 2015):
- Aer Lingus
- Air Berlin
- Air Canada
- Air France[54]
- Air Seychelles
- All Nippon Airways
- Alitalia[55]
- Bangkok Airways[56]
- Brussels Airlines
- Delta Air Lines (begins 27 March 2016)[57]
- Emirates
- Etihad Airways
- Garuda Indonesia[58]
- Kenya Airways
- KLM
- Korean Air
- Malaysia Airlines
- Qantas
- South African Airways[59]
- United Airlines
- Vietnam Airlines[60]
- Virgin Atlantic
Jet Airways also has a codesharing agreement with Thalys European rail service.[61]
Fleet
As of December 2015, the Jet Airways fleet consists of the following aircraft:[62][63][64][65]
Aircraft | In Service | Orders | Passengers | Notes | |||
---|---|---|---|---|---|---|---|
F | J | Y | Total | ||||
Airbus A330-200 | 8 | — | |||||
— | 18 | 236 | 254 | 3 Dry Leased to Turkish Airlines and 1 dry leased to Etihad Airways (Air Serbia) | |||
Airbus A330-300 | 4 | — | — | 34 | 259 | 293 | |
ATR 72-500 | 15 | — | — | — | 62 | 62 | |
— | — | 68 | 68 | ||||
ATR 72-600 | 3 | — | — | — | 68 | 68 | Operated in JetKonnect livery |
Boeing 737-700 | 5 | — | — | 8 | 126 | 134 | 4 aircraft without winglets operated in JetKonnect livery |
Boeing 737-800 | 65 | — | — | 12 | 156 | 168 | |
— | 12 | 156 | 168 | ||||
Boeing 737-900 | 2 | — | — | 28 | 138 | 166 | Dry Leased |
Boeing 737-900ER | 4 | — | — | 8 | 178 | 184 | Two Operated in JetKonnect livery |
Boeing 737 MAX 8 | — | 75 | TBA | Delivery to start from 2018[66] | |||
Boeing 777-300ER | 10 | — | 8 | 30 | 274 | 312 | 6 Leased to [[Etihad Airways] Due to return by Q3 2016] |
8 | 30 | 308 | 346 | ||||
Boeing 787-9 | — | 10 | TBA | Deliveries starting Q4 2017[67] | |||
Total | 116 | 85 |
Livery
1993–2007
Jet Airways' original livery was Navy Blue, Light Grey and Chrome Yellow. The top and bottom of the aircraft were painted in light grey and had the flying sun logo in the navy blue background.
2007–present
Jet Airways' current livery was introduced in 2007.[68] The design retained the dark blue and gold-accented colour scheme of Jet Airways' previous corporate identity, along with the airline's "flying sun" logo.[68] The new livery, created with Landor Associates, added yellow and gold ribbons. A new yellow uniform was simultaneously introduced, created by Italian designer Roberto Capucci.[68] Jet Airways introduced its new identity in conjunction with a global brand re-launch which included new aircraft and seating.[68] Jet Airways unveiled India's first Disney branded Boeing 737 on 9 July 2012.[69]
Services
Cabin
International long haul
With the arrival of its new Airbus A330-200 and Boeing 777-300ER aircraft, Jet Airways has introduced a new cabin with upgraded seats in all classes. The Airbus A330-200 aircraft have two classes: Première and Economy. The Boeing 777-300ER aircraft has three classes of service: First, Première (Business), and Economy. Being a Full Service Airline, meals are served on all classes of travel.
- First Class
First class private suites are available on all Boeing 777-300ER aircraft. All seats convert to a fully flat bed, similar to Emirates or Etihad first class seat. It was the second airline in the world to have private suites. All seats in First have a 23-inch widescreen LCD monitor with audio-video on-demand systems (AVOD), BOSE noise cancelling headphones, in seat power supply, and USB ports etc. Jet Airways is the first Indian airline to offer fully enclosed suites on its aircraft; each suite has a closable door, making for a private compartment.
- Première
Première (Business Class) on the Airbus A330-200 and Boeing 777-300ER international fleet has a fully flat bed with AVOD entertainment. Seats are configured in a herringbone pattern (1-2-1 on the Boeing 777-300ER, and 1-1-1 on the Airbus A330-200), with each seat offering direct access to the aisle. Première seats on the A330-200 leased from ILFC are configured differently in a 2-2-2 non-herringbone pattern. Each Première Seat has a 15.4-inch flat screen LCD TV with AVOD. USB ports and in-seat laptop power are provided. All seats are standard recliner business-class seats with a few newer aircraft with electronic recline and massager.
- Economy Class
Economy class on Jet's A330-200/777-300ER aircraft has 32-inch seat pitch. Seats on the A330-200/777-300ER have a "hammock-style" net footrest. The cabin is configured in 2-4-2 abreast on the Airbus A330-200, and was recently changed to 3-4-3 on the Boeing 777-300ER from 3-3-3 to increase revenue. Each Economy seat on the A330-200/777-300ER has a personal 10.6-inch touch screen LCD TV with AVOD.
All three classes feature Mood lighting on the Airbus A330-200 and Boeing 777-300ER, with light schemes corresponding to the time of day and flight position.
International short haul & Domestic
Boeing 737 Next Generation aircraft are configured in Première and Economy Classes. The ATR 72-500 have Economy class configuration only. The Première features 40-inch extra-wide seats with a personal Widescreen LCD attached to each seat. The Première cabin is configured in a 2-2 abreast pattern. Jet Airways Economy class on its Boeing 737 Next Generation features 30-inch seat pitch with personal Widescreen LCD behind each seat. Jet Airways was the World's first airline to introduce in-flight entertainment systems on the Boeing 737 aircraft. The Economy class cabin is configured in a 3-3 abreast pattern on the Boeing 737 Next Generation and 2-2 abreast pattern on the ATR 72-500.
In-flight entertainment
Jet Airways' Panasonic eFX IFE system on board the Boeing 737-700/800 and Panasonic eX2 IFE system on board the Airbus A330-200/Boeing 777-300ER, called "JetScreen", offers audio video on-demand programming (passengers can start, stop, rewind, and fast-forward as desired). It has over 100 movies, 80 TV programmes, 11 audio channels and a CD library of 125 titles. The system operates via individual touchscreen monitors at each seat, and is available in all classes.[70] In late 2012, Jet introduced a feature on their Airbus A330-300, called eXport. eXport allows passengers to plug-in their personal Apple devices such as iPods, iPads and iPhones through an eXport socket located just below the video screen. This would allow passengers to access their own media during the flight.[71].In February 2016, Jet Airways announced the introduction of an in-flight entertainment service for streaming of entertainment content directly to wi-fi enabled personal devices of the passengers. The airline would offer in-flight entertainment (IFE) streaming service in phases and enable passengers to stream their selection from the wide range of multilingual content available inboard. Streaming of content can be done through wireless mode to wi-fi enabled personal devices such as smartphones, tablets and laptops.The streaming service, will be launched in phases and will be introduced on the Boeing 737 Next Generation aircraft in the Jet Airways fleet starting from the second quarter of 2016. Once the service is fully rolled out, passengers will be able to enjoy a high quality library of audio/video content, a state-of-the-art 3D flight tracker, interactive games, and have access to a wide range of destination information.[72]
Airport lounges
Jet Airways Lounges are offered to First and Première Class passengers, along with JetPrivilege Platinum & Gold card members. The international lounge at Brussels has showers, business centre, entertainment facilities and children's play areas.[73] Lounges access is offered at the following locations:[74]
Lounges within India:
- Ahmedabad: Bica Lounge
- Amritsar: Saptagiri Restaurant
- Bagdogra: Bagdogra Airport Restaurant Workers Co-op. Lounge
- Bengaluru: Food Court
- Bhopal: Airport Restaurant
- Chennai: Taj Flight of Fancy / Jet Airways Premiere Lounge / Clipper Lounge / Royal Lounge
- Coimbatore: Airport restaurant / Café Coffee Day
- Delhi: Premium Plaza
- Goa: Port Lounge
- Hyderabad: Plaza Premium Lounge / IIFA Buzz Lounge / All F&B Outlets
- Indore: Saptagiri Restaurant / Lounge
- Kochi: Clipper Lounge / Taj / Casino
- Kolkata: Oberoi Club Lounge
- Lucknow: Airport Restaurant
- Mumbai: Oberoi Clipper Lounge / Carnations Lounge / Clipper Lounge
- Nagpur: Airport Restaurant
- Pune: P K Hospitality
- Thiruvananthapuram: Muthoot Plaza Lounge
- Vadodara: P K Hospitality
International Lounges:
- Abu Dhabi: Al Ghazal Lounge
- Bahrain: Delmon Lounge
- Bangkok: Thai Airways Business Lounge
- Brussels: Jet Airways Lounge
- Colombo: Araliya Lounge
- Dhaka: Sheraton-Balaka Lounge
- Doha: Oryx Lounge
- Dubai: Marhaba Lounge
- Hong Kong: Plaza Premium Lounge (West Hall)
- Johannesburg: Bid Air Lounge
- Kathmandu: Radisson Lounge
- Kuala Lumpur: Plaza Premium Lounge
- Kuwait: Pearl Lounge
- London: Sky Team Lounge
- Muscat: Oman Air Lounge
- Newark: Jet Airways Lounge
- Riyadh: First Class Lounge
- Sharjah: Alpha Catering
- Singapore: SATS Premiere Lounge
- Toronto: Air Canada Maple Leaf Lounge
Awards and achievements
- Best First Class — Service in the World award at Business Traveller's 20th annual 'Best in Business Travel' awards
- Best Business Class & Best Economy Class at the Business Traveller Awards
- Best Programme of the Year by Freddie Awards 2007 & 2006
- Best Elite Level for the second year in a row, at the 21st Annual presentation ceremony of the Freddie Awards 2008
- Best Overall in Entertainment at the Avion Awards 2010
- India's Popular Domestic Airline at the SATTE 2006 Awards
- India's Airline at the World Travel Awards, 2006
- Best Technical Despatch Reliability by Beaver 2002
- Best Cargo Airline of North Asia by Cargo Airline of the Year Awards
- Best Domestic Airline award for the 1st consecutive year and the 5th time in the past two years at the 18th TTG (Travel Trade Gazette) Travel Awards 2007
- India's Most Respected Company in the Travel and Food Sector by Businessworld 2003
- Best Long Haul Carrier ex-Brussels award at the Tm Travel Awards 2009.
- Best Eastbound Airline from India and Best domestic Airline in India awards at the Abacus Tafi Awards 2009.
- Business Traveller's Best Indian Airline Award in London.
- According to.[75]
In 2015, it was announced that Jet Airways will be the main sponsors of the Indian Super League team Mumbai City FC.
Incidents and accidents
- 1 July 2007, Jet Airways Flight 3307, an ATR 72-212A (registered VT-JCE) which was flying on the Bhopal - Indore route was involved in an incident which was caused by a storm. There were no fatalities amongst the 45 passengers and four crew onboard; the aircraft suffered damage beyond repair.[76]
Controversies
Issues with US authorities
It took Jet Airways more than two years to get the necessary clearances from US authorities to fly to the United States. The US State Department gave the go-ahead on 15 November 2006. Jet was initially expected to begin service to Newark via Brussels in June 2005 but a problem arose in March 2005, when the airline submitted an application to the US Department of Transportation. Nancy Heckerman, CEO of US company Jet Airways Inc. based in Bethesda, Maryland, opposed the application in letters to the Transportation Department alleging trademark infringement. Though the litigation is still unresolved, the Department of Transportation concluded it was not a reason to prevent Jet from flying to the U.S.[77]
Jet Airways was originally set up as a subsidiary of Tailwinds, an Isle of Man-based holding company designed as a tax shelter, whose sole shareholder was Naresh Goyal, the airline's non-resident Indian (NRI) founder and chairman.[78] Initially, both Gulf Air and Kuwait Airways had acquired minority stakes in the airline. However, the Government of India subsequently decreed that foreign airlines would not be allowed to own any shares in any Indian airline (though other foreign entities and individuals could still acquire or own minority stakes in Indian carriers).[79]
As a result of this ruling, Gulf Air and Kuwait Airways sold their stakes to Naresh Goyal, who then became the airline's sole shareholder. Jet Airways floated a minority stake of around 20% on the Bombay Stock Exchange in 2005 to enable it to reduce the debt that had been accumulated since its inception as well as to fund its fleet expansion programme, including the acquisition of a fleet of new Airbus A330 and Boeing 777 long-haul wide-bodied jets to operate new long-range services, primarily to Europe and North America. This resulted in a reduction of Tailwind's stake in the airline to just below 80%.[80] According to the company's articles of association, the bulk of Naresh Goyal's shares in Tailwinds are held on behalf of several other individuals who all seem to be resident citizens of India. While Indian government officials have been satisfied that these arrangements do not compromise Jet Airways' status as an Indian-owned airline that is effectively controlled by Indian citizens, they were viewed as "problematic" by the American authorities.[77]
British contractor controversy
Another controversy arose when Asmin Tariq, a contractor who was working for the airline as a security agent at Heathrow Airport (and was subsequently made a member of staff when the airline decided to bring its London-based security operation in-house), became implicated in the foiled terror plot of 10 August 2006 to blow up over several weeks up to ten transatlantic airliners belonging to three different US airlines in mid-air on their way from London to New York, Newark and Los Angeles.[81] Asmin Tariq had been arrested along with the other 20+ suspects and is now in British police custody. In addition, he has been suspended from duty by Jet Airways. When asked how such a person could have been employed by the airline in a position demanding extreme confidence and trust, Jet Airways defended its conduct by saying that the person was a UK passport holder who had passed the stringent security requirements of BAA, Heathrow's owner and operator. They also said that under UK employment legislation, the company was obliged to offer any permanent appointments to former contractors once the contract that formed the basis of their original employment had been terminated.
August 2014 investigation
In August 2014, two pilots were suspended after a plane carrying 280 passengers dropped 5000 feet. Indian air regulators issued an investigation on the situation. The plane was en route from Mumbai to Brussels. The captain was in "controlled rest" which is permitted under aviation laws. The co-pilot, responsible for the flying the aircraft while the captain was sleeping, "claims she was busy on her electronic flight bag and didn't notice the plane had lost altitude."[82]
See also
- JetLite
- Kingfisher Airlines
- List of airlines of India
- List of airports in India
- List of companies of India
- Transport in India
References
- 1 2 "Jet Airways Fact Sheet" (PDF). Jet Airways. Retrieved 19 December 2015.
- ↑ Sanjai, P.R. (15 December 2015). "Jet Airways to launch daily flights to Amsterdam". Mint (newspaper). Retrieved 9 January 2016.
- ↑ "Jet Airways Cancels Brussels Service from late-March 2016". Airlineroute.net. 14 December 2015. Retrieved 14 December 2015.
- ↑ "Jet Airways Network". Jet Airways. Retrieved 30 August 2014.
- ↑ "Airline Membership". IATA. Retrieved 12 June 2011.
- ↑ "Gaurang Shetty to be acting CEO". 17 December 2015. Retrieved 17 December 2015.
- ↑ "Jet Airways appoints new Management team". news.biharprabha.com. IANS. 25 July 2014. Retrieved 27 July 2014.
- ↑ "BSE Plus". Bseindia.com. Retrieved 8 September 2010.
- ↑ Thomas J, TNN, 18 Aug 2012, 12.40am IST (18 August 2012). "IndiGo topples Jet Group as No. 1 airline". Times of India. Retrieved 19 August 2012.
- ↑ "Jet Airways inks ties with Group CentrumDirect for forex services". The Economic Times. 17 January 2013. Retrieved 17 January 2013.
- ↑ "Jet Airways India".
- ↑ , 02.08AM IST, Mithun Roy,ET Bureau (25 August 2008). "JetLite may merge with Jet Airways this year". Economic Times. Retrieved 30 August 2010.
- ↑ Manju V (15 October 2008). "Jet Air lays off 850 flight attendants". Times of India. Retrieved 30 August 2010.
- ↑ "Praful takes credit for reversal of Jet layoffs". Economic Times. 17 October 2008. Retrieved 30 August 2010.
- ↑ "Business-standard Jet Airways article". Business-standard.com. Retrieved 30 August 2010.
- ↑ Jet and Kingfisher form Alliance
- ↑ "Lean period air traffic same, domestic traffic up". Rediff.com. 19 October 2010. Retrieved 19 October 2010.
- ↑ Shukla, Tarun (1 August 2012). "Jet Airways seeks government nod to join Star Alliance". Mint (India).
- ↑ "Jet Airways bans meat products, fliers upset". Hindustan Times. 29 October 2011. Retrieved 7 October 2012.
- ↑ "Jet Airways to Sell 24% Equity to Etihad Airways". Outlook. Retrieved 29 June 2013.
- ↑ "Etihad's Indian investment — Jet set". The Economist. 8 January 2013. Retrieved 17 January 2013.
- ↑ "Jet-Etihad deal: Expect announcement by Feb 3". moneycontrol.com. Retrieved 17 January 2013.
- ↑ "Etihad to finalise deal with Jet Airways on Friday: Reports". The Economic Times. Retrieved 22 January 2013.
- ↑ "Etihad due diligence on Jet Airways seen by next week". Reuters. 4 February 2013. Retrieved 4 February 2013.
- ↑ "Jet Airways returns to profit". The Hindu (Chennai, India). 2 February 2013. Retrieved 4 February 2013.
- ↑ "SpiceJet slashes domestic airfare for limited period, other airlines may follow". IBNLive. Retrieved 12 January 2013.
- ↑ "SpiceJet, IndiGo join Jet Airway's airfare war, offer discounts". Economic Times. 19 February 2013. Retrieved 19 February 2013.
- ↑ "Jet Airways escalates price war, offers 20 lakh tickets at rock bottom rates". Business Today. Retrieved 20 February 2013.
- ↑ "Race on to slash airfares: IndiGo, GoAir follow suit as flyers scramble for discounted Jet tickets". The Economic Times. 20 February 2013. Retrieved 20 February 2013.
- ↑ "Shares of Jet Airways down more than 11% on Etihad deal worries". Hindustan Times. Retrieved 27 February 2013.
- ↑ "Jet Airways down over 11%; market valuation drops by Rs 484 crore". The Economic Times. 26 February 2013. Retrieved 27 February 2013.
- ↑ "Jet to shutdown Brussels hub".
- ↑ "Contact Us." Jet Airways. Retrieved on 19 September 2011. "Jet Airways (India) Ltd. Siroya Centre, Sahar Airport Road, Andheri (East), Mumbai, Maharashtra 400099"
- ↑ "Registered Office."Jet Airways. Retrieved on 27 February 2010. "Jet Airways (India) Ltd. S.M. Centre, Andheri-Kurla Road, Andheri (East), Mumbai 400059 India"
- 1 2 Meredith, Robyn. "Beyond Airlines,Beyond India." Forbes. 20 March 2008. Magazine dated 7 April 2008. Retrieved on 27 February 2010.
- 1 2 "Jet Airways discontinues JetLite, merges with Konnect — The Times of India". The Times of India.
- ↑ JetCafe
- ↑ "Jet Airways launches low-cost service". IBNLive.com. Retrieved 7 October 2012.
- ↑ "Jet Airways’ low-fare service Konnect takes off today". The Hindu Business Line.
- ↑ "Jet airways offers business class seats". The Times of India. 15 October 2012. Retrieved 17 October 2012.
- ↑ "Jet Airways inducts five ATR 72-600 series aircraft". NDTV Convergence Limited. Retrieved 21 January 2013.
- ↑ "India's Jet Airways to phase out LCC Jet Konnect". Ch Aviation. Retrieved 11 August 2014.
- ↑ "Jet Airways to launch full services on all-economy subsidiary JetKonnect". The Economic Times (New Delhi). Press Trust of India. 18 September 2014. Retrieved 25 March 2015.
- ↑ "Jet Airways Annual Report 2009-2010" (PDF). JetAirways. Retrieved 20 June 2015.
- ↑ "Jet Airways Annual Report 2010-2011" (PDF). JetAirways. Retrieved 20 June 2015.
- ↑ "Jet Airways Annual Report 2011-2012" (PDF). JetAirways. Retrieved 20 June 2015.
- ↑ "Jet Airways Annual Report 2012-2013" (PDF). JetAirways. Retrieved 20 June 2015.
- ↑ "Jet Airways Annual Report 2013-2014" (PDF). JetAirways. Retrieved 20 June 2015.
- ↑ "Jet Airways Annual Report 2014-2015" (PDF). JetAirways. Retrieved 20 June 2015.
- ↑ "Our Network". Jet Airways. Retrieved 16 November 2012.
- ↑ "Jet Airways to withdraw JFK flights from September 10 - The Times of India". Timesofindia.indiatimes.com. Retrieved 7 October 2012.
- ↑ Cheng, Wing-Gar; Li, Susan (13 December 2010). "Jet Air Will Resume India-China Service Amid Good Growth, Mahadevan Says". Bloomberg.
- ↑ "Jet Airways to stop New Delhi-Milan flights from Feb 1, 2013". Saffron Media Pvt Ltd. Retrieved 18 January 2013.
- ↑ "Jet Airways enters into code share agreements with Air France, KLM — Business Today". Businesstoday.intoday.in. 18 June 2013. Retrieved 29 June 2013.
- ↑ "Jet Airways, Alitalia enters into code-share pact". India Infoline. 3 July 2014. Retrieved 5 July 2014.
- ↑ "Jet Airways signs codeshare agreement with Bangkok Airways". Finalcial. 29 April 2015. Retrieved 29 April 2015.
- ↑ "Delta and KLM announce codeshare partnership with Jet Airways via Amsterdam". PR Newswire. 14 December 2015. Retrieved 14 December 2015.
- ↑ "Jet Airways signs code-share agreement with Garuda Indonesia". indiainfoline.com. 19 November 2013. Retrieved 19 November 2013.
- ↑ "Jet Airways enters code share agreement with South African Airways — Money — DNA". Dnaindia.com. Retrieved 29 June 2013.
- ↑ "Jet Airways enters codeshare agreement with Vietnam Airlines". AsiaOne News. 6 August 2014. Retrieved 6 August 2014.
- ↑
- ↑ "Fleet Information". Jet Airways. 19 August 1996. Retrieved 7 October 2012.
- ↑ "The Boeing Company". Active.boeing.com. Retrieved 7 October 2012.
- ↑ "Jet Airways fleet". Jet Airways. Retrieved 8 September 2012.
- ↑ "JetKonnect operates a fleet of 15 Boeing 737 series aircraft.". JetKonnect. Retrieved 16 January 2013.
- ↑ "Jet Airways to buy 75 Boeing B737MAX planes". Live Mint. Retrieved 9 November 2015.
- ↑ "Jet Airways’ fleet to remain unchanged for three years". Live Mint. 14 August 2015. Retrieved 14 August 2015.
- 1 2 3 4 "Jet Airways sports new look". Business Standard. April 2007. Retrieved 3 March 2009.
- ↑ "India's 1st DISNEY Plane Unveiled!". BusinessOfCinema.com.
- ↑ Verghese, Vijay (July 2007). "Finally, incredible India". The Nation. Retrieved 3 March 2009.
- ↑ "Jet Airways announces the induction of two new Airbus A330-300 into its fleet". Jet Airways. Retrieved 21 January 2013.
- ↑ http://www.moneycontrol.com/news/business/jet-airways-to-start-in-flight-wireless-streaming-service_5244161.html
- ↑ "Jet opens lounge at Brussels airport". Business Standard. October 2007. Retrieved 3 March 2009.
- ↑ "Jet Airways Fact Sheet-October 2012" (PDF). JetAirways. Retrieved 16 November 2012.
- ↑ "Awards". Jetairways.com. 19 August 1996. Retrieved 7 October 2012.
- ↑ "Aviation Safety Network Accident Description". Aviation Safety Network. Retrieved 5 September 2013.
- 1 2 FT.com / Home UK / UK - Jet Airways denies links with al-Qaeda
- ↑ Jet's Goyal owns 18 firms apart from Tail Winds
- ↑ "Jet Airways (India) Private Limited – International Directory of Company Histories – Find Articles at BNET".
- ↑ Is Jet IPO a good bet?
- ↑ "UK seeks information on Jet- Jet Airways-'J' Companies-Companies A-Z-News By Company-News-The Economic Times". The Times of India.
- ↑ "Jet Airways plane plunges 1500 metres over Turkey". NEWS.com. 15 August 2014. Retrieved 16 August 2014.
External links
Media related to Jet Airways at Wikimedia Commons
Media related to Jet Konnect at Wikimedia Commons
- Official website
- Indian Aviation Business news report on Bloomberg
- Jet Airways
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