JetKonnect

JetKonnect
IATA ICAO Callsign
S2 JLL LITE JET
Founded 1991 (as Sahara Airlines)
Hubs
Secondary hubs
Focus cities
Frequent-flyer program Jet Privilege
Fleet size 9[1]
Destinations 43
Company slogan Emotionally Yours
Parent company Tailwinds Limited
Headquarters Mumbai, India
Key people Naresh Goyal (Owner)
Website http://www.jetkonnect.com

JetKonnect, is a low-cost brand of Jet Airways an airine based in Mumbai, India.[2] owned by Jet Airways. It was originally their low-cost subsidiary called Jetlite, but started using the name JetKonnect after merging with Jet Airways' other inhouse low cost brand in 2012.

JetKonnect ended its own operations in December 2014 as part of Jet Airways' plans to reposition itself as a uniform full-service operator.[3] It is currently undergoing a process of integration with Jet Airways and flies for them as code share i.e. Jet Airways flights operated by JetKonnect, till the two are merged completely. All ground and onboard services are as on Jet Airways, and aircraft are being repainted in its livery.

History

Former Air Sahara Logo

The airline was established on 20 September 1991 and began operations on 3 December 1993 with two Boeing 737-200 aircraft as Sahara Airlines, as part of the major Sahara India Pariwar business conglomerate. 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, although Sahara Airlines remains the carrier's registered name. On 22 March 2004 it became an international carrier with the start of flights from Chennai to Colombo, later expanding to London,[4] Singapore, Maldives[5] and Kathmandu. It had also planned to become the first private Indian carrier to serve China with flights to Guangzhou[6] from winter 2006, however this did not materialize. The uncertainty over the airline's fate caused its share of the domestic Indian air transport market go down from approximately 11% in January 2006 to a reported 8.5% in April 2007.

Buyout by Jet Airways

Former Jetlite Logo

Jet Airways announced its first takeover attempt on 19 January 2006, offering US$500 million (₹20 billion) in cash for the airline.[7] Market reaction to the deal was mixed, with many analysts suggesting that Jet Airways was paying too much for Air Sahara. The Indian Civil Aviation Ministry gave approval in principle, but the deal was eventually called off over disagreements over price and the appointment of Jet chairman Naresh Goyal to the Air Sahara board. Following the failure of the deal, the companies filed lawsuits seeking damages from each other[8]

A second, eventually successful attempt was made on 12 April 2007 with Jet Airways agreeing to pay ₹14.50 billion ($340 million). The deal gave Jet a combined domestic market share of about 32%.

On 16 April Jet Airways announced that Air Sahara will be renamed as Jetlite.[2] The takeover was officially completed on 20 April, when Jet Airways paid ₹4 billion.

Rebranding to JetKonnect

Jetlite was merged with Jet Airways' inhouse low cost brand JetKonnect on 25 March 2012, allowing JetKonnect to emerge as a separate airline, the carrier retained Jetlite livery with JetKonnect title added to it.[9]

Merger with Jet Airways

On 1 December 2014 JetKonnect was integrated into Jet Airways ending its own operations, and now flies for them under code share, using its own Air Operators Certificate and flight code S2 till merger of the two companies is completed after approval. The aircraft fleet is also progressively being repainted in Jet Airways livery.

Corporate Affairs

Business Trends

The key trends for Jet Lite (India) Limited ('Jet Lite') over recent years are shown below (as at year ending 31 March):

2010 2011 2012 2013 2014
Revenue (₹: INR lakhs[nb 1]) 157,947 178,615 190,386 201,136 176,364
Profits (₹: INR lakhs) 4,619 −10,747 −18,403 −29,523 −42,931
Departures 39,602 39,003 41,992 38,160 31,986
Load Factor (%) 75.0 79.2 77.9 74.8 72.7
Number of aircraft (at year end) 25 19 19 15 12
Notes/sources [10] [11] [12] [13] [14]
  1. ↑ 1 laks = 100,000

Destinations

A Jetlite Boeing 737-800 at Kathmandu Airport
A Bombardier CRJ200 aircraft in Air Sahara livery at Ranchi Airport c.2005

As of November 2014, JetKonnect served the following destinations:[15]

Domestic
International

JetKonnect did not fly on any international routes, predecessor Jetlite's Colombo and Kathmandu operations were integrated with Jet Airways own services to the pair at the time of 2012 merger.

Fleet

JetKonnect fleet consists of the following aircraft as of January 2015. The Boeing aircraft are configured in Business and Economy class. The ATR aircraft are configured in a complete economy configuration.

JetKonnect Fleet
Aircraft In Service Orders Passengers Notes
Boeing 737-700 5 0 144
149
Boeing 737-900ER 4 0 192
ATR 72-600 3 0 78
Total 12 0

In-flight services

JetKonnect had a buy on board service called JetCafé,[16] offering food for purchase in Economy, while free meals were offered in Business class. Full service was also provided, but only on flights using Jet Airways' 9W-2XXX code/numbered flights.

Incidents and accidents

See also

References

  1. ↑ Ref JetLite Fleet Update page
  2. 1 2 Jet renames Air Sahara 'Jetlite' Rediff.com, 16 April 2007
  3. ↑ "India's Jet Airways to phase out LCC Jet Konnect". ch-aviation. Retrieved 11 August 2014.
  4. ↑ Air Sahara to launch London
  5. ↑ Air Sahara adds Male to network
  6. ↑ Air Sahara announces network expansion
  7. ↑ Sify.com Archived 30 September 2007 at the Wayback Machine
  8. ↑ "BBC News". BBC News. 19 January 2006. Retrieved 8 September 2010.
  9. ↑ "Jet Airways discontinues JetLite, merges with Konnect — The Times of India". The Times of India.
  10. ↑ "Jet Airways Annual Report 2009-2010" (PDF). JetAirways. Retrieved 20 June 2015.
  11. ↑ "Jet Airways Annual Report 2010-2011" (PDF). JetAirways. Retrieved 20 June 2015.
  12. ↑ "Jet Airways Annual Report 2011-2012" (PDF). JetAirways. Retrieved 20 June 2015.
  13. ↑ "Jet Airways Annual Report 2012-2013" (PDF). JetAirways. Retrieved 20 June 2015.
  14. ↑ "Jet Airways Annual Report 2013-2014" (PDF). JetAirways. Retrieved 20 June 2015.
  15. ↑ "Network". JetLite. 17 November 2008. Retrieved 8 September 2010.
  16. ↑ JetCafe
  17. ↑ "ASN Aircraft accident Boeing 737-2R4C VT-SIA Delhi-Indira Gandhi International Airport (DEL)". Aviation-safety.net. Retrieved 16 July 2010.

External links

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