Tag Archives: Jet Airways

Rajiv Mehra, President, IATO has requested the government to remove hurdles which are creating hindrances in revival of inbound tourism to our country and also has requested to help in in getting refund of travel agents from Jet Airways. He has requested to MoCA that directives should be issued to all domestic airlines, not to make it compulsory for the travelers to do web check-in.

Consortium led by Murari Lal Jalan and Kalrock Capital has announced the revival of Jet Airways as a full-service carrier. The Jet 2.0 program is aimed at reviving the past glory of Jet Airways, with a fresh set of processes and systems to ensure greater efficiency. As per the resolution plan, Jet Airways intends to operate all of its historic domestic slots in India and restart international operations. Jet Airways will be back in the skies by summer of 2021 provided it receives NCLT and regulatory approvals on time.

In its second innings, Jet Airways, which was grounded in April last year, will not only retain its original brand name, livery and logo, but will also remain a full-service carrier with business and economy class divisions, according to reports. While initially, the airline will start with domestic routes with a single plane type, in the second stage they will have international flights with suitable aircraft, revealed Manoj N Madnani, Board Member, Kalrock Capital. Source: Times of India

International Air Transport Association (IATA) has released a letter to national associations that states that agencies will receive only 8% of the total refunds from Jet Airways. The letter states, “Unfortunately, the balance of the Security Deposit held by IATA (after settling 100% of all refunds up to the date of suspension) was not sufficient to cover all the remaining refunds that have been approved by Jet Airways in the post-suspension refund process. Therefore, IATA will have to pro-rate the total refund against the net remaining balance withheld, which means that your agency will receive approximately 8% of the total refunds approved by the airline.” This will be automatically included in their billing. Refunds that have been rejected by the airline will not be processed.

To facilitate employment for Jet Airways’ staff, the government will launch a dedicated web portal. Hardeep Singh Puri, Minister, Civil Aviation, informed that a website would be launched listing staff of Jet Airways and help find employment in other private entities, while addressing the Rajya Sabha on the Airports Economic Regulatory Authority of India (Amendment) Bill, 2019. “Every employee would be listed there and the prospects for their re-employment or employment will be facilitated by the government,” he said.  The Minister, however, said that government cannot assume responsibility for a business failure conducted by a private party. Referring to Jet Airways, Puri said he was sensitive to (business) failure and willing to see what can be done within the governmental system to cushion that failure.

In an earnings conference call for Q2 FY2019 of the Jet Airways management with analysts, Vinay Dube, CEO, Jet Airways, has said that the airline remains focused on its airlines business turnaround. He said, “Instead of witnessing an increase in fares to recover cost increases, the industry fares and yields are in fact down. Such a low-fare environment is neither sustainable for the industry nor good for the consumer in the medium term, and it is imperative that fares rise in the short term. However, hope is not a strategy, and we remain focused on our airlines business turnaround, which we are happy to report, is on track.” Underlining some of its efforts, he added, “Our operational reliability and on-time performance is the best we have seen over the last three years. The airline’s arrival on-time performance for this quarter was 84 per cent, which is a substantial 15 per cent point higher than Q2 of last year.” Sharing the results of the second quarter for fiscal year 2019, Dube said, “This quarter, we reported a loss of Rs 1,261 crore at a consolidated level. Excluding the impact of foreign exchange losses due to the depreciation rupee, the loss was Rs 823 crores.” Speaking about the challenging times the industry in general has been witnessing, Dube said, “While aviation in general is not an easy business globally, in India both the opportunities and challenges faced by the sector are at a totally different level. The opportunity is staggering because of our highly underpenetrated aviation market with a fast-growing economy and a growing population. But the challenges are equally staggering, as airlines battle for market share, not profitability, by dumping capacity …

Beginning December 2018, Jet Airways will introduce 18 additional flights on select destinations such as Bangkok, Kathmandu and Singapore in ASEAN as well as Doha and Dubai in the Gulf. Further, it will soon add a third daily frequency to Bangkok and Singapore each from Delhi and a third daily service to Singapore from Mumbai. Additional frequencies will also be introduced to the Gulf, strengthening the airline’s status as one of the largest carriers to/ from the region. December will see the introduction of second daily services connecting Mumbai and Delhi with Doha respectively. The addition of a seventh daily frequency between Mumbai and Dubai will also make Jet Airways the only airline to offer unparalleled 24-hour connectivity to the Gulf’s favourite destination with maximum number of daily services. Apart from it, the carrier will offer a fourth daily frequency between Delhi and Kathmandu, the capital of Nepal. Jet Airways also continues to augment its domestic connectivity at these hubs, and will increase operations between Mumbai and Amritsar to daily frequencies, and add a fourth daily frequency on the Delhi-Amritsar route in December. These steps are in addition to new services already introduced at the beginning of winter schedule, including new flights on the Delhi & Bangalore-Vadodara routes, increased frequencies in the Mumbai-Guwahati and Mumbai-Patna markets and an enhancement of capacity from ATR to 737 operations on the Delhi-Jodhpur route. Raj Sivakumar, Senior Vice President – Worldwide Sales & Distribution, Jet Airways, said, “The strategy will enable Jet Airways to offer extensive connectivity via Mumbai to most of its network in south and west India. Similarly, new services to Delhi will offer seamless connectivity to the north and east of …

Jet Airways is set to commence daily non-stop services from Pune to Singapore starting December 1, 2018. The new service will make Jet Airways the first airline to connect Pune directly with Singapore. The flight from Pune to Singapore, 9W 22 will depart Pune at 05:10 hrs (IST) and arrive in Singapore at 13:15 hrs (LT). On the return leg, flight 9W 21 will depart from Singapore at 21:00 hrs (LT) and arrive in Pune at 00:05 hrs (IST). To celebrate the launch of the new flight, Jet Airways has announced special ‘introductory’ return Economy fares from Pune, starting at Rs 23,999 only, as also a Premiere fare of INR 66,999. Guests can book tickets and enjoy attractive savings with these special fares, with the sale from October 24-31, 2018. These inaugural fares are applicable for journeys commencing from December 1, 2018 onwards. Raj Sivakumar, Senior Vice President–Worldwide Sales & Distribution, Jet Airways, said, “Jet Airways will be the first Indian airline to provide direct connectivity between Pune and Singapore. Singapore has seen over 36,000 visitor arrivals from Pune in 2017, which is the highest for an Indian city without a direct flight. The launch of this new non-stop, daily service will benefit both leisure and business travellers, as Singapore is one of the most popular destinations for tourists from Pune.” The new frequency will offer guests from Pune convenient connections to Auckland, Bangkok, Brisbane, Jakarta, Denpasar-Bali, Hanoi, Phuket, Jinjiang, Medan, Kuala Lumpur, Melbourne, Manila, Nadi, Penang, Perth, Phnom Penh, Shanghai, Yangon, Ho Chi Minh City, Surabaya and Sydney through two-way flights operated by codeshare partners, via Singapore.  

Sabre Corporation has announced a renewed, full content distribution agreement with Jet Airways effective April 2019. Sabre’s extended agreement with Jet Airways provides Sabre-connected agents across India and the world a path to access the full content of Jet Airways into year 2024. With over 100 million passengers choosing Indian carriers for their travel since the beginning of the year and domestic air travel growing by 21.2 per cent over the same period, in less than 10 years the World Travel & Tourism Council expects India to become the world’s fourth-largest travel and tourism economy behind China, the United States and Germany. Rakesh Narayanan, Vice President, Air Line of Business, Sabre Travel Network Asia Pacific, said, “As a long-term technology partner to Jet Airways, providing the airline with unmatched solutions that enable superior passenger services, Sabre is well positioned to support the carrier’s growth objectives. Today, we are pleased to provide Jet Airways with the ability to share their content through Sabre’s leading global travel marketplace, which will in turn contribute to their ongoing business success.”

Travelport has signed a long-term supplier agreement with India’s Jet Airways that will be effective from April 2019 and enable online and offline travel agencies around the world to shop, book and manage itineraries for leisure and business travellers. Jet Airways will also deploy Travelport’s Rich content and Branding, from which over 270 airlines now benefit by displaying graphical content, their fares families and a full range of ancillary products. Damian Hickey, Head, Air-Travel Partners, Travelport, commented, “Travelport’s commitment to the Indian travel market and the provision of the widest range of content has been further evidenced today with the announcement of this new mutual commitment between Jet Airways and our company beginning April 2019. Furthermore, our position in the rest of Asia, Europe, the Middle East, Africa and the Americas means that we are able to deliver to them a wide mix of international travellers. This is in addition to the millions of outbound and domestic Indian travellers they serve.”