Bangalore Aviation News, Reviews, Analysis and opinions of Indian Aviation
India’s largest private airline, Jet Airways, trimmed its losses by almost 39% to Rs.217 crore (approx. US$ 36.17 million at an exchange rate of Rs.60=$1), in the first quarter of fiscal 2014~2015 which ended on June 30, 2014, when compared to the same period a year ago. Much of this performance increase is due to the financial and operational lifeline …
Read More »Jet Airways and Vietnam Airlines in code-share partnership
India’s largest private airline Jet Airways has entered into a reciprocal code-share agreement with national carrier Vietnam Airlines. Jet Airways will place its marketing code on Vietnam Airlines’ flights from Bangkok and Singapore to Ho Chi Minh City (Saigon) and Hanoi. Vietnam Airlines will place its marketing code on Jet Airways’ services between Bangkok and Mumbai/Delhi, and between Singapore and …
Read More »Jet Airways appoints high level executives
Raj Sivakumar has been appointed as chief commercial officer of Jet Airways. He is responsible for the overall development and implementation of a robust sales strategy to enhance market share and maximise revenues. He will report to the chief operating officer. Rajeev Nambiar, an 18 year old veteran of the industry, has joined the airline’s management team as Vice President …
Read More »Radar data exposes Jet Airways’ lies on Ukraine over-flights #MH17
Mumbai flight flew over crash site just two hours earlier Around 3pm in the afternoon of July 18th, a day after the crash of Malaysia Airlines flight MH17 from Amsterdam to Kuala Lumpur, India’s largest private airline, Jet Airways, issued a statement assuring the public that the airline did not fly over the Ukraine “since the conflict began” which one …
Read More »Jet’s engine service agreement with GE indicates deployment of 777s to Etihad
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 …
Read More »Jet Airways expands code-share agreement with stakeholder Etihad Airways
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 …
Read More »Pictures: Cleaning truck fire just below Jet Airways Boeing 777
Last evening, at London Heathrow airport, a high-lifter service truck belonging to ASIG (airport service international group) caught fire just below Jet Airways’ Boeing 777-300ER VT-JEQ as it was preparing to depart to New Delhi as flight 9W 121. Below are rather dramatic pictures of the ASIG truck on fire. We emphasize there was no fire on the aircraft itself, …
Read More »Forgetful Jet Airways pilots lose contact with European ATC, Indian media melodrama
March 13, 2014, the entire aviation world was generally concerned due the recent disappearance of Malaysia Airlines flight MH370 a mere five days earlier. In this mix, add two very absent minded pilots of Jet Airways who were flying the airline’s flagship, the Boeing 777-300ER, registration VT-JEG, performing flight 9W 117 from London Heathrow to the airline’s main hub in …
Read More »Jet Airways financial analysis – Q4 FY14
Last week, Mumbai based full service carrier Jet Airways announced that it had recorded a net loss of Rs. 267.89 Crore for the third quarter of fiscal year 2013/14 (FY13/14) or a net pre-tax loss of Rs. 27.12 per diluted share. The result reflects a reversal from a Rs. 85.0 Crore net pretax profit of Rs. 91.78 Crore (Rs. 9.85 …
Read More »Jet posts Rs. 267.89 crore loss in third quarter FY2014. 40% due to idle aircraft.
India’s largest private airline, Jet Airways group, has reported its fourth successive loss, this time of Rs. 267.89 crore in the third quarter of fiscal 2013~2014, which ended December 31, 2013. The airline made a meagre profit of Rs. 0.85 crore exactly a year ago in the third quarter of fiscal 2012~2013. While this is in line with what analysts …
Read More »Jet Airways joins air fare wars, offers 50% discount on Jet Konnect
Just when we praised Jet Airways, India’s second largest domestic airline, for not joining the self-destroying frenzy of 50 percent discount on air fares, the airline has joined the fare war frenzy first kicked off by low-fare carrier SpiceJet on Tuesday, and followed by all the other airlines now IndiGo, GoAir, Air India, and now Jet Konnect. The Naresh Goyal …
Read More »Jet Airways announces Mumbai Paris flight
Jet Airways has announced a daily direct service between Mumbai and Paris to commence on May 14, 2014. 9W 124 will depart Mumbai 12:00 and arrive at Paris Charles de Gaulle at 17:50. 9W 123 will depart Paris CDG at 21:10 and arrive Mumbai at 09:45 the following morning. Jet Airways is targeting day time connections its domestic network. While …
Read More »Gary Toomey quits as Jet CEO
Barely four months after he joined the company, Jet Airways (India) Limited today announced the resignation of its Chief Executive Officer, Mr Gary Toomey. The former Chief Executive Officer of Air New Zealand and Chief Financial Officer of Qantas, Toomey joined Jet Airways on September 25, 2013. Jet’s Chief Financial Officer, Ravishankar Gopalakrishnan, will serve as the acting CEO until …
Read More »Jet Airways to lease three A330-200s to Turkish Airlines
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 …
Read More »Kuwait Airways Chairman suspended for announcing plans to buy five A330s from Jet AIrways
Yesterday, Reuters quoting Kuwait Airways Chairman Sami Al-Nesif, reported that Kuwait Airways is buying five A330-200 aircraft from India’s Jet Airways. According to Mr. Al-Nesif, Kuwait Airways wanted to take 11 jets from its old fleet of 17 out of service and use the Jet Airways’ aircraft as a stop gap measure till its order of new Airbus aircraft commence …
Read More »Jet Airways cancellation of Colombo-Chennai tied to Jetihad?
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 »Jetihad is born. Jet Airways completes 24% stake sale to Etihad Airways
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 »Jet Airways and Garuda Indonesia sign code share agreement
Jet Airways and national flag carrier Garuda Indonesia have concluded a code share agreement for connectivity between India and Indonesia.Under the arrangement, using Singapore as a hub, Jet Airways will place its marketing code on Garuda Indonesia’s flights between Singapore and Jakarta and Garuda will place its marketing code on Jet Airways’ flights between Singapore and Mumbai, Delhi and Chennai. …
Read More »Jet Airways offers special airfare discount for Rotary South Asia Literacy Summit in New Delhi
Jet Airways is offering a special discount on domestic airfares to attendees of the Rotary South Asia Literacy Summit to be held in New Delhi on December 14 and 15. The airline will extend a 5% discount on the base fare and fuel surcharge. Use the discount code “JETRSA2013” when making the booking on the Jet Airways website. Other terms …
Read More »Jet Airways request slots at Amsterdam for Winter 2013 season; no flights to Newark
As Bangalore Aviation reported last month, Indian full service carrier Jet Airways is likely to move its long standing trans-Atlantic scissors hub to Amsterdam in conjunction with its new part-owner Etihad Airways. Late last week, Jet applied for the following slots at Amsterdam for the IATA Winter 2013/14 season. 9W 224 – DEL – AMS –> arr: 09.40 333 daily …
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