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Jet Airways
13. Sep 2005 at 23:12
 
Jet to decide on fare hike in 4 weeks  
 

Thursday, 01 September , 2005, 09:47  
 
New Delhi: With global oil prices touching an all-time high, Jet Airways will decide within four weeks on whether it will impose a fuel surcharge, increase fares or continue with the existing fares on its domestic flights.  Today in Sify Finance  
 
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"All options are being examined and a decision can be expected in about four weeks," the airlines Chief Operating Officer, Peter Luethi, told newspersons. Any decision by Jet can lead to others following suit.  
 
The airline, like several others here, had raised its domestic fares earlier this year. However, with the global price of oil crossing the $70-per-barrel mark in the recent past, several global airlines have been forced to charge a fuel surcharge to offset the rising cost of oil.  
 
Meanwhile, the private sector airline has sought Government permission to operate a daily flight to Singapore from Delhi, Bangalore and Chennai. It also plans to operate a three-times-a-week flight on the Delhi-Amritsar-Birmingham sector.  
 
"We plan to operate flights to Singapore and Birmingham from the forthcoming winter season. The airline plans to utilise a Boeing 737-800 aircraft to Singapore, while the Airbus A-340 aircraft will be used to operate to Birmingham," Luethi said
 
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Re: Jet Airways
Reply #1 - 13. Sep 2005 at 23:13
 
Jet Airways to wet lease Airbus craft to Gulf Air for eight weeks
GIRISH RAO
 
TIMES NEWS NETWORK[ WEDNESDAY, AUGUST 31, 2005 01:31:40 AM]  
 
BANGALORE: Jet Airways appears to be twice lucky. It is wet leasing one of its three Airbus 340-300E to Gulf Air for nearly eight weeks, a first by an Indian carrier in recent years. The aircraft, which will be based out of Bahrain, a Gulf Air hub, is likely to be mounted on the Athens sector.  
 
Coincidentally, Gulf Air was one of the owners of Jet Airways’ holding company, Tail Winds, registered out of Isle of Man, till some years ago. Gulf Air and Kuwait Airways each held 20% stake in Tail Winds till the government banned foreign airlines from holding equity in Indian carriers. The promoters of Jet Airways (Naresh Goyal and his family) then bought out the stake of the international carriers in keeping with the new norms.  
 
Since Jet Airways is facing a surplus aircraft situation with the wide-bodied Airbus engaged for its US and UK-bound flights, the airline has been seeking alternate avenues of deployment. A few weeks ago, it leased the plane to Air-India which was facing a month long shortage of one plane on its India-London sector and wanted an aircraft to fill the gap.  
 
Three Airbus planes have proved one too many for its once daily Mumbai-London service. It would have been a different story, if Jet had secured the go-ahead from the US authorities for its flights to Newark from Mumbai/Delhi.  
 
The wet lease will run from August 30 to October 24, ’05. The flights will be operated in a two-class configuration of 38 business and 231 economy class seating. Typical of a wet lease deal, Jet will provide the aircraft with pilots and cabin crew. The inflight catering will be dealt by Gulf Air.  
 
On its return, Jet Airways plans to introduce a second daily service, this time out of Delhi to London. It also proposes to mount a thrice weekly service to Birmingham from Delhi via Amritsar, akin to Air-India’s recently introduced flight. The Jet’s schedule is likely to cover the days when Air-India is not flying.  
 
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Reply #2 - 21. Sep 2005 at 23:09
 
Jet Airways in talks with Airbus for ten aircraft  
 
Our Corporate Bureau / Mumbai September 21, 2005  
 
The country’s largest private airline Jet Airways (India) Ltd is in dialogue with European manufacturer Airbus for acquiring 10 aircraft.  
  
“We are planning to acquire 10 Airbus A 330 with an option to buy 10 more aircraft. We are in negotiation with Airbus for finalising the deal,” Peter Luethi, chief operating officer, Jet Airway (India), said here today.  
  
Luethi said the airline would take delivery of aircraft by 2007, but declined to comment on the deal size.  
  
He said the airline has already executed a purchase agreement with US-based aircraft manufacturer for 10 Boeing 777-300ER series aircraft (including10 options) with deliveries commencing from March 2007.  
  
Luethi declined to comment on the size of the Boeing deal too.Referring to the hike in airfare following the rise in Aviation Turbine Fuel (ATF), Luethi said,” At present, we can manage the impact of hike in ATF. But Jet Airways will be forced to hike the airfare in the wake of rise in ATF. However, the airline will spare domestic route from the proposed hike.”  
  
According to a senior Jet Airways executive, the airline is awaiting clearance from government to launch services to Singapore from Chennai, Delhi and Bangalore.  
  
“We are also waiting green signal from government to introduce services of Delhi-Amritsar - Birmingham. This will be thrice in a week,” the official added.  
  
He added that the airline was also exploring options to launch services to Delhi, Mumbai and Kolkata from Bangalore in winter schedule.  
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Re: Jet Airways
Reply #3 - 22. Sep 2005 at 07:25
 

Are there any plans for a direct  London - Amritsar flight?
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Re: Jet Airways
Reply #4 - 11. Oct 2005 at 00:29
 
Wait til next year, after BA have doubled their flights to Bangalore and Chennai, Amritsar may be on the map very soon.
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Reply #5 - 11. Oct 2005 at 00:30
 
Short of planes, Jet may put off US foray till ’06
GIRISH RAO & GANAPATHY SUBRAMANIAM
 
TIMES NEWS NETWORK[ FRIDAY, OCTOBER 07, 2005 01:07:31 AM]  
 
BANGALORE/DELHI: Jet Airways’ much awaited foray into the US may not materialise till summer ’06, even if it gets approvals from the American transport department, because of non-availability of planes. Jet has been waiting in the wings for several weeks now to get the go ahead from US authorities to commence daily services to Newark (New Jersey) through Brussels.  
 
A senior Jet official indicated the three Airbus 340-300 leased this summer for its entry into the West have been more or less fully committed to the India-UK market, and getting more long-haul wide bodied planes at short notice may not be feasible. Jet may get lucky and find some aircraft in the international lease market, but it may take some months to get the right equipment which will push any US operation to next year.  
 
Jet will be operating Mumbai/Delhi-London twice daily flights (the Delhi service starts October 30) this winter. A little unused capacity is likely to be mounted on the Amritsar-Brimingham route, subject to government approvals. The next set of wide bodied aircraft — two A330-200 on lease — will join the Jet fleet towards mid-’06. From March ’06, the airline should begin receiving another set of brand new B737-800s. Jet is unlikely to make any serious change in its network or fleet configuration till next summer. The only provocation can be rights given by the government to commence flights to Bangkok or additional services to Singapore from another gateway in India. Most of these routes can be serviced with B737-800s with the extra fuel winglets, which can perhaps be acquired on lease at shorter notice.  
 
Jet is also awaiting government go-ahead to offer services to Hong Kong, Beijing/Shanghai, other destinations in Europe and Africa. Once the US opens up, the airline is likely to tap all key source markets with strong ethnic presence. However, this round of expansion is likely to be powered by the Boeing 777-200LR/300ER which are being delivered from ’07 by Boeing.  
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