Jet to start daily flights from Sharjah to Thiruvananthapuram

DUBAI: Jet Airways has announced it will boost capacity in the UAE-India sector by commencing daily flights from Sharjah to Thiruvananthapuram from October 30.

The airline currently operates a daily flight from Sharjah to Kochi and the addition of another daily service will further enhance its growing global network, Jet Airways Vice-President, Market Development and Pricing, Gulf and Middle East Africa, Ratan Ratnakar said.

This will be the 10th daily service from the UAE to India and the 22nd Jet Airways flight from the Gulf to India.

The airline will deploy Boeing 737-800 aircraft on this new route, offering 16 premier and 138 economy seats.

Jet Airways currently operates flights to 24 international destinations.

The introduction of the new flight will further strengthen Jet Airways' presence in the UAE.

Jet Airways' Gulf network now serves 10 destinations in the Middle East region. The additional service to Thiruvananthapuram will now complement the airline's existing daily Gulf operations from Abu Dhabi, Bahrain, Dubai, Doha, Kuwait, Muscat and Sharjah, as well as Jeddah, Riyadh and Dammam, to Mumbai, Delhi, Chennai, Hyderabad and Kochi.

Jet Airways currently operates a fleet of 98 aircraft, with flights to 76 destinations in India and abroad.

Jet Airways to lease aircrafts to Thai Airways; stock down

MUMBAI: Jet Airways has executed an agreement with Thai Airways International Public for the sub (dry) lease of two of its B 777-300ER aircraft. The lease is set to commence from October 2011 and November 2011 respectively and will continue for a period of 24 months.

Both these aircrafts are currently given on lease to Turkish Airlines and are expected to be returned later this year on the expiry of the respective lease terms.

The stock was at Rs 447.45, down 1.27 per cent on the NSE. It touched a high of Rs 458 and low of Rs 444.40 intraday.

Jet Airways Asked to Join Air France-KLM, Delta, Alitalia Venture

Jet Airways (India) Ltd. has been asked by Air France-KLM, U.S. carrier Delta Air Lines Inc. and Italian carrier Alitalia to join their transatlantic joint venture, a senior executive at India's largest carrier by market share said recently.

"We are still studying the feasibility of joining such a venture," the executive, who didn't want to be named, said. "There is no final decision yet."

The executive said Jet Airways will need to consider its current partnerships with other airlines worldwide before arriving at any decision on joining the venture.

The venture between the four airlines will likely include operational partnerships such as code-sharing on airline tickets, cooperation on client reward programs as well as other services such as engineering on some overseas routes, the Jet Airways executive said.

Joining such an alliance would likely help Jet Airways to cost-effectively expand its overseas operations, leveraging the global network of the three other airlines instead of deploying its own aircraft.

It would also pave the way for the Mumbai-based airline to enter the SkyTeam Alliance--a 13-member global airline group led by Delta and Air France-KLM.

National carrier Air India Ltd. plans to join Frankfurt-based Star Alliance, the biggest airline group in the world, while Kingfisher Airlines Ltd. will soon join the Oneworld alliance.

Jet Airways, with its two units JetLite and Jet Airways Konnect, has a fleet of 116 planes from Boeing Co., Airbus, ATR and Bombardier Inc. and operates flights to 49 local and 24 international destinations. It currently has Brussels as its international hub.
Source: WSJ

Jet Airways slashes rates on select routes

Jet Airways, the country’s largest airline has announced a limited period discount of Rs 250 to Rs 550 per ticket over a fare for key routes connecting Mumbai, Delhi, Bangalore and Chennai in between others.

The business claims the move would assist in cashing in over a rising air targeted visitors from the country.

“These all-inclusive fares are obtainable for sale with immediate effect till the end of this month. These are valid for travel till April 30, 2011,” the airline stated inside a statement on Monday.

During the fourth quarter of 2010, out of the total 52.13 lakh passengers carried by all of the airlines, Jet Airways group carried 38.13 lakh passengers with seat point of over 82 per cent, in accordance with DGCA data. The airline had 26 per cent market share from the domestic airline market during the quarter gone by, the Directorate General of Civil Aviation details said.

For the busiest sector like Mumbai-Delhi, the business has lowered fares by Rs 500 to Rs 3,682 per ticket excluding user development fee (UDF), for Jet Airways and by Rs 450 each on JetLite and Jet Konnect, respectively. For sector such as Delhi-Bangalore, the fares had been lowered by Rs 550 per ticket to Rs 4,182, excluding UDF for Jet Airways.

It’s not clear regardless of whether the fare discounts will set off a tariff war in between other airlines such as Air India and Kingfisher. ”We believe, domestic passenger targeted visitors will grow by 15 per cent whilst the international targeted visitors will grow by 15-20 per cent from the following 5 years,” Naresh Goyal, chairman, Jet Airways had stated recently.

Jet Airways, Jet Airways Konnect and JetLite have a combined fleet strength of 115 aircraft and operate over 500 flights daily.

Jet has at provide 49 aircraft on order with 29 Boeing 737-800s, 10 Airbus 33­0s and 10 Boeing 787 Dre­am­liners. “The delivery of Boeing 737-800s and Airbus A3­3­0s is expected to begin fro­m FY13, whilst the Drea­mliners are scheduled being delivered from 2014-15 onwards," Goyal said.

Jet is right after a "relatively modest" aircraft acquisi­ti­on strategy, and aims being ve­ry careful in adding capa­city. The business has added ca­pacity of 8-10 per cent ove­r the last 3 years, Goyal added.
Source: MyDigitalfc