Airliners-India Forum Index Airliners-India
Flickr Group & Facebook
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Jet Airways News -- Part 15
Goto page Previous  1, 2, 3, 4, 5  Next
 
Post new topic   Reply to topic    Airliners-India Forum Index -> Civil Aviation
View previous topic :: View next topic  
Author Message
deaphen
Member


Joined: 19 Dec 2006
Posts: 931
Location: India

PostPosted: Wed Jul 04, 2018 9:57 pm    Post subject: Reply with quote

VT-JXB, 9W's second 737-8MAX is enroute India.

Nitin
Back to top
View user's profile Send private message
dan
Member


Joined: 18 Dec 2012
Posts: 60

PostPosted: Sun Jul 08, 2018 11:03 pm    Post subject: Reply with quote

Saw it parked closer to runway 27 in BOM this morning. Looks great in 9W livery with the split scimitar winglets.
Back to top
View user's profile Send private message
justbala
Member


Joined: 11 Jan 2007
Posts: 1810
Location: Bangalore

PostPosted: Mon Jul 09, 2018 10:10 pm    Post subject: Reply with quote

What is the status of 9W and EY now? They have stopped announcing the EY partner welcome. The EY partner logo has vanished from the boarding passes.

Do 9W plat/gold members still earn privileges and benefits while flying EY like before?
Back to top
View user's profile Send private message
Caliguy
Member


Joined: 14 Nov 2007
Posts: 640
Location: Los Angeles

PostPosted: Tue Jul 10, 2018 6:21 pm    Post subject: Reply with quote

justbala wrote:
What is the status of 9W and EY now? They have stopped announcing the EY partner welcome. The EY partner logo has vanished from the boarding passes.

Do 9W plat/gold members still earn privileges and benefits while flying EY like before?


The 9W/EY relationship is totally weird for an investment relationship. I've always wondered what the real deal is between them. For instance if EY really did invest in them (for an equity stake), why not lease on the cheap planes to 9W so that they can serve more routes. If 9W is super strong, EY would have benefitted as the second frequency being one stop via AUH. Just like DL/AF/KL do. You might fly nonstop JFK-MAD but return MAD-CDG-JFK so you can leave MAD in the afternoon instead of am. What ever, 9W should just sell their soul to DL/AF/KL/VS. At least DL knows how to run an airline and grow most investments.
Back to top
View user's profile Send private message
Aseem
Member


Joined: 15 Dec 2006
Posts: 2789
Location: YYZ

PostPosted: Tue Jul 10, 2018 7:28 pm    Post subject: Reply with quote

I get the feeling that something stops 9W from achieving its full potential. Got to be the people who run it. All said and done, AI has better route map that 9W, with all the latter's hype.

VT-ASJ
_________________
[url=http://openflights.org/user/aseemsjohri]
[/url]
Back to top
View user's profile Send private message Send e-mail MSN Messenger
justbala
Member


Joined: 11 Jan 2007
Posts: 1810
Location: Bangalore

PostPosted: Tue Jul 10, 2018 10:10 pm    Post subject: Reply with quote

Caliguy wrote:
justbala wrote:
What is the status of 9W and EY now? They have stopped announcing the EY partner welcome. The EY partner logo has vanished from the boarding passes.

Do 9W plat/gold members still earn privileges and benefits while flying EY like before?


The 9W/EY relationship is totally weird for an investment relationship. I've always wondered what the real deal is between them. For instance if EY really did invest in them (for an equity stake), why not lease on the cheap planes to 9W so that they can serve more routes. If 9W is super strong, EY would have benefitted as the second frequency being one stop via AUH. Just like DL/AF/KL do. You might fly nonstop JFK-MAD but return MAD-CDG-JFK so you can leave MAD in the afternoon instead of am. What ever, 9W should just sell their soul to DL/AF/KL/VS. At least DL knows how to run an airline and grow most investments.


To be fair I have done that with 9W/EY - flew BLR-MAA-CDG on 9W and CDG-AUH-BLR on EY.
Back to top
View user's profile Send private message
Caliguy
Member


Joined: 14 Nov 2007
Posts: 640
Location: Los Angeles

PostPosted: Wed Jul 11, 2018 6:34 pm    Post subject: Reply with quote

justbala wrote:
Caliguy wrote:
justbala wrote:
What is the status of 9W and EY now? They have stopped announcing the EY partner welcome. The EY partner logo has vanished from the boarding passes.

Do 9W plat/gold members still earn privileges and benefits while flying EY like before?


The 9W/EY relationship is totally weird for an investment relationship. I've always wondered what the real deal is between them. For instance if EY really did invest in them (for an equity stake), why not lease on the cheap planes to 9W so that they can serve more routes. If 9W is super strong, EY would have benefitted as the second frequency being one stop via AUH. Just like DL/AF/KL do. You might fly nonstop JFK-MAD but return MAD-CDG-JFK so you can leave MAD in the afternoon instead of am. What ever, 9W should just sell their soul to DL/AF/KL/VS. At least DL knows how to run an airline and grow most investments.


To be fair I have done that with 9W/EY - flew BLR-MAA-CDG on 9W and CDG-AUH-BLR on EY.


Agreed. They just had so much more potential to expand that offering. Instead EY tried to limit 9W’s network west (if these forums are to be believed). Also EY keeps planes on the ground in AUH. 9W would be a perfect place for some cheap leases. What I like about the 9W/DL partnership is that DL/VS/AF/KL are happy to have 9W fly routes from India to EU (encourage 9W to expand) and, I think, will have them flying to the US once a JV is in place.
Back to top
View user's profile Send private message
nadarji
Member


Joined: 11 Jan 2007
Posts: 292

PostPosted: Wed Jul 11, 2018 7:25 pm    Post subject: Reply with quote

With EU flights from MAA and BLR, it would have been good for 9W to operate connector flights from other parts of the south (COK, TRV, CCJ, IXM, CJB, TRZ) to either MAA or BLR. This year checking fares from BOS to TRV, did see a lot of good fares on EU carriers + 9W/AI, which usually doesnt happen. The long transit times at BOM or DEL is the other part of this puzzle that has to be solved.
Back to top
View user's profile Send private message
justbala
Member


Joined: 11 Jan 2007
Posts: 1810
Location: Bangalore

PostPosted: Tue Jul 31, 2018 7:12 pm    Post subject: Reply with quote

9W launching HYD-IDR-IXC and BLR-GAU non-stop.
Back to top
View user's profile Send private message
luvleen
Member


Joined: 02 Jul 2012
Posts: 147
Location: Bombay

PostPosted: Fri Aug 03, 2018 11:23 am    Post subject: Reply with quote

Can’t fly beyond 60 days, Jet Airways tells staff

https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/cant-fly-beyond-60-days-jet-airways-tells-staff/articleshow/65251532.cms

Quote:
NEW DELHI: Jet Airways has informed its employees that the airline will not be able to operate beyond 60 days unless cost cutting measures, which include pay cuts, are put in place, two executives confirmed to ET.

The management team, including its chairman Naresh Goyal, informed employees in face-to-face meetings in recent days in Mumbai and Delhi that the airline’s financials are in a bad shape and drastic measures needed to be taken to cut costs.

The warnings of low cash levels have rattled employees at India’s oldest private sector airline, who have been told in recent days to take up to 25% cut in salaries, and triggered protests.

ET was the first to report about the pay cuts on Wednesday.

Employees are trying to figure out what to make of these warnings with some saying that the situation probably has been exaggerated to make some employees leave.

“We have been informed that the airline cannot run beyond two months and the management needs to cut cost through pay cuts and other means to ensure that it stays afloat beyond that. The airline did not inform us about all this all these years which has dented trust of employees in the management,” said one Jet Airways senior executive who did not want to be identified

Jet Airways said it is implementing several measures to cut cost.

But the airline did not give specific answer on the 60-day deadline given to employees.

“In line with its stated focus of creating a healthier and a more resilient business, Jet Airways has been implementing several measures to help it reduce cost as well as realise higher revenues, for desired business efficiencies.

Some of these include sales and distribution, payroll, and maintenance, among many others. As part of this approach, the airline management is in dialogue with key stakeholders to enlist their full support and cooperation for realising necessary savings across all parts of the business,” Jet Airways said in a response.

“The airline is committed to create a growth-oriented, sustainable future and a revitalised guest experience armed with the addition of 225 B737 MAX fuel-efficient aircraft which will be inducted in its fleet over the next decade, and of which 11 are slated to join within this financial year. The airline refutes and strongly condemns the speculative comments of/from certain vested interests, who are making deliberate attempts to undermine Jet Airways’ transformation efforts,” it added.

Executives said that the airline has also started firing people across functions and has already asked some people from the engineering department to leave. “In the engineering department, head of line for Delhi has been asked to leave. Job losses will start to happen in functions like cabin crew and ground handling,” executives added.

The airline has also decided to waive the bond terms of seven years or Rs 1 crore for its first officers and the mandatory one year notice period for pilots, including commanders.

The airline’s management team, headed by founder Goyal, met employees in Mumbai and told them that the cut will be for 24 months and that no refunds will be made. On Thursday, the management met employees in Delhi but Goyal did not attend the meeting.

The management has blamed rising fuel prices and major market share gains by IndiGo for its precarious financial position, the executives said. After two consecutive years of profits in fiscal 2016 and 2017, Jet incurred losses of about Rs 767 crore in FY2018. Industry analysts say that it is likely to report a loss of Rs 1,000 crore in the first quarter of the current fiscal.

Jet is not the only carrier to be affected by intense cut-throat competition and rising fuel costs. IndiGo, India’s largest carrier by passengers flown, reported a 91% drop in profits for the first quarter of this fiscal on Monday.
Back to top
View user's profile Send private message Yahoo Messenger
The_Goat
Member


Joined: 03 Mar 2007
Posts: 3044
Location: South of France

PostPosted: Fri Aug 03, 2018 12:38 pm    Post subject: Reply with quote

luvleen wrote:
Can’t fly beyond 60 days, Jet Airways tells staff

https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/cant-fly-beyond-60-days-jet-airways-tells-staff/articleshow/65251532.cms



Blimey!

Things are looking pretty shaky at 9W, it seems.

I think they should end the AMS and CDG flights. Can't see those being profitable. They should consider flying directly to the US. If AI can make the HYD-DEL-ORD and the BOM-DEL-JFK routes work, surely 9W can.
_________________
I don't know which is the more pampered bunch : AI's widebodies (the aunties) or Jet's widebodies (the planes).
-Jasepl
Back to top
View user's profile Send private message
justbala
Member


Joined: 11 Jan 2007
Posts: 1810
Location: Bangalore

PostPosted: Fri Aug 03, 2018 1:11 pm    Post subject: Reply with quote

The_Goat wrote:
luvleen wrote:
Can’t fly beyond 60 days, Jet Airways tells staff

https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/cant-fly-beyond-60-days-jet-airways-tells-staff/articleshow/65251532.cms



Blimey!

Things are looking pretty shaky at 9W, it seems.

I think they should end the AMS and CDG flights. Can't see those being profitable. They should consider flying directly to the US. If AI can make the HYD-DEL-ORD and the BOM-DEL-JFK routes work, surely 9W can.


On the contrary CDG and AMS flights are doing well for them. This seems to be a case of reducing the acquisition cost for DL/AF to pick up the EY stake.
Back to top
View user's profile Send private message
The_Goat
Member


Joined: 03 Mar 2007
Posts: 3044
Location: South of France

PostPosted: Fri Aug 03, 2018 5:29 pm    Post subject: Reply with quote

justbala wrote:


On the contrary CDG and AMS flights are doing well for them. This seems to be a case of reducing the acquisition cost for DL/AF to pick up the EY stake.


Really?

So 9W declares 'bankruptcy' only so that it's share values tank, thereby making it easier for DL/AF to acquire EY's stake. And they think EY is so full of bungling oafs that they won't see through the game?

This is beyond ridiculous. What confidence will 9Ws investors have in the company if it indulges in such slimy games?

Only goes to show that NG, despite all his achievements, is still a two bit dalal.
_________________
I don't know which is the more pampered bunch : AI's widebodies (the aunties) or Jet's widebodies (the planes).
-Jasepl
Back to top
View user's profile Send private message
iah87
Member


Joined: 17 Apr 2007
Posts: 2295

PostPosted: Fri Aug 03, 2018 7:53 pm    Post subject: Reply with quote

The_Goat wrote:
luvleen wrote:
Can’t fly beyond 60 days, Jet Airways tells staff

https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/cant-fly-beyond-60-days-jet-airways-tells-staff/articleshow/65251532.cms



Blimey!

Things are looking pretty shaky at 9W, it seems.

I think they should end the AMS and CDG flights. Can't see those being profitable. They should consider flying directly to the US. If AI can make the HYD-DEL-ORD and the BOM-DEL-JFK routes work, surely 9W can.


Primary reason is the fuel price increase. Even Indigo has reported 91% drop in profits. Additional factors are intense competition in domestic sector, inability of Jet to expand from BOM in the domestic sector due to airport constraints.

I suspect CDG-MAA flight is probably not doing too well with LH, EK, QR, BA , AI covering most of the European and US/Canada connections, there cannot be much more traffic to be had.
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Sat Aug 04, 2018 12:27 am    Post subject: Reply with quote

Statement via email :

You might have read recent media reports questioning the sustainability of our airline. We have already clarified to the media that these reports are factually incorrect and malicious.
The Indian aviation sector is experiencing strong growth and Jet Airways is well placed to be a part of this growth story. We are committed to creating a growth-oriented and sustainable future for all our stakeholders. We will continue to expand our network, both domestic and international, and revitalise our guest experience. This will be augmented with the addition of 225 Boeing 737-MAX fuel efficient aircraft, 11 of which are scheduled to be inducted into our fleet this fiscal.
Despite the high growth environment, the aviation industry is currently passing through a challenging phase, given a depreciating rupee and the mismatch between high fuel prices and low fares. Needless to state that Jet Airways has been in existence for over 25 years and through these years, we have been successful in combating such business volatility.
Jet Airways will continue to accord the highest priority to safety, backed by our signature warm Indian hospitality and reputed award-winning loyalty programme.
Thank you for your continued patronage and support.
Regards,
Vinay Dube
Chief Executive Officer

_________________
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Sat Aug 04, 2018 2:56 am    Post subject: Reply with quote

Jet Airways increases planned Manchester service from Nov 2018

Jet Airways in this past week’s schedule update filed additional frequency for its planned Mumbai – Manchester route, set to commence on 05NOV18, subject to Government Approval.
The airline currently displays 5 weekly flights, instead of 4, with extra flight added on Fridays, with Airbus A330-200 aircraft.

9W130 BOM0230 – 0755MAN 332 x23
9W129 MAN0935 – 0040+1BOM 332 x23


Source: Airlineroute.net
_________________
Back to top
View user's profile Send private message
The_Goat
Member


Joined: 03 Mar 2007
Posts: 3044
Location: South of France

PostPosted: Mon Aug 06, 2018 12:23 pm    Post subject: Reply with quote

Jet Airways plane attempts take-off from taxiway in Riyadh

https://timesofindia.indiatimes.com/business/india-business/jet-plane-tried-to-take-off-from-taxiway-and-not-runway-saudi-probe/articleshow/65287537.cms


Looks like the guy wanted to leave Saudi real quick Razz
_________________
I don't know which is the more pampered bunch : AI's widebodies (the aunties) or Jet's widebodies (the planes).
-Jasepl
Back to top
View user's profile Send private message
iah87
Member


Joined: 17 Apr 2007
Posts: 2295

PostPosted: Mon Aug 06, 2018 8:40 pm    Post subject: Reply with quote

747-237 wrote:
Statement via email :

You might have read recent media reports questioning the sustainability of our airline. We have already clarified to the media that these reports are factually incorrect and malicious.
The Indian aviation sector is experiencing strong growth and Jet Airways is well placed to be a part of this growth story. We are committed to creating a growth-oriented and sustainable future for all our stakeholders. We will continue to expand our network, both domestic and international, and revitalise our guest experience. This will be augmented with the addition of 225 Boeing 737-MAX fuel efficient aircraft, 11 of which are scheduled to be inducted into our fleet this fiscal.
Despite the high growth environment, the aviation industry is currently passing through a challenging phase, given a depreciating rupee and the mismatch between high fuel prices and low fares. Needless to state that Jet Airways has been in existence for over 25 years and through these years, we have been successful in combating such business volatility.
Jet Airways will continue to accord the highest priority to safety, backed by our signature warm Indian hospitality and reputed award-winning loyalty programme.
Thank you for your continued patronage and support.
Regards,
Vinay Dube
Chief Executive Officer


Can Jet sue TOI and any other publications.
Back to top
View user's profile Send private message
iah87
Member


Joined: 17 Apr 2007
Posts: 2295

PostPosted: Fri Aug 10, 2018 11:13 pm    Post subject: Reply with quote

https://www.bloomberg.com/news/articles/2018-08-09/jet-airways-postpones-results-following-report-of-cash-crunch?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo

I am wrong. This time TOI's story holds. It does appear Jet airways is in trouble, their stock is suffering when the overall market has risen. Everything Etihad touches is turning into dust. May be bad karma to be associated with Etihad.
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Sun Aug 12, 2018 5:31 pm    Post subject: Reply with quote

https://www.news18.com/news/business/dgca-to-conduct-financial-audit-of-turbulence-hit-jet-airways-1841995.html

DGCA to Conduct Financial Audit of Turbulence-hit Jet Airways

August 12, 2018

Aviation regulator DGCA is set to conduct a financial audit of the Naresh Goyal-promoted Jet Airways, amid its fiscal conditions under pressure due to the surging jet fuel prices and low fares, a source said.

The Directorate General of Civil Aviation (DGCA) has already evaluated the financial health of the national carrier Air India recently, besides conducting a special audit of Air Deccan, the source close to the development said.

The financial audit of airlines, which has been conducted in the past too, is done to assess their fiscal health and also ensure that they are not compromising on safety due to financial stress.

"We will conduct the financial audit of Jet Airways from August 27. A similar audit of Air India has been completed," the source said.

The financial audit of Air India was necessitated as the airline has been defaulting on salary payments to its employees, besides grounding a number of aircraft due to payment issues with vendors.

_________________
Back to top
View user's profile Send private message
luvleen
Member


Joined: 02 Jul 2012
Posts: 147
Location: Bombay

PostPosted: Mon Aug 13, 2018 7:54 am    Post subject: Reply with quote

Jet’s statutory dues more than double to Rs 510 crore

https://timesofindia.indiatimes.com/business/india-business/jets-statutory-dues-more-than-double-to-rs-510-crore/articleshow/65380465.cms
Back to top
View user's profile Send private message Yahoo Messenger
himmat01
Member


Joined: 19 Dec 2006
Posts: 1384
Location: DEL

PostPosted: Mon Aug 13, 2018 12:41 pm    Post subject: Reply with quote

luvleen wrote:
Jet’s statutory dues more than double to Rs 510 crore

https://timesofindia.indiatimes.com/business/india-business/jets-statutory-dues-more-than-double-to-rs-510-crore/articleshow/65380465.cms


Could mean jail term for the person responsible for depositing TDS. Usually big shots get away with it but small businesses are harassed by the IT dept.
_________________
Save Maharashtra!
Back to top
View user's profile Send private message Send e-mail Yahoo Messenger
luvleen
Member


Joined: 02 Jul 2012
Posts: 147
Location: Bombay

PostPosted: Tue Aug 14, 2018 6:17 am    Post subject: Reply with quote

Jet Airways may offload JetPrivilege stake to weather financial headwinds

https://www.businesstoday.in/sectors/aviation/jet-airways-may-offload-jetprivilege-stake-to-weather-financial-headwinds/story/281277.html

Quote:
The troubles of turbulence-hit Jet Airways are showing no signs of abatement. Days after Naresh Goyal-owned airline deferred the quarterly financial results, audit firm BSR & Co, an affiliate of KPMG India, has reportedly refused to sign the first quarter results of Jet Airways due to differing views over interpretations of some accounting rules, The Economic Times reported. It added that BSR might even consider resigning from the account if the issue is not resolved.

In another report, the daily said that the debt-laden airline has initiated a formal stake-sale process to raise $350-400 million from global private equity firms. The full-service carrier is going through rough weather owing to rise in fuel costs and pile up of interests due to huge debt on its books. It added that Jet Airways has put out feelers to PE funds including Blackstone, TPG and Indigo Capital Partners.

The troubled airline is planning to monetise its JPMiles programme. Jet Airways had sold the majority stake of its frequent flyer loyalty programme to Etihad Airways in 2014. The Gulf-based carrier had picked up 50.1 per cent stake in JetPrivilege for $150 million. Goyal, who raised Jet Airways from the scratch after India opened its skies for private carriers in 1991, has roped in an investment bank to offload some of the stake, the report said.

In 2013, Jet Airways had sold 24 per cent equity to Etihad Airways for $379 million after the government allowed foreign airlines to take up to 49 per cent stake in Indian carriers.

Jet Airways' negative net worth is well over Rs 7,000 crore with total liabilities of Rs 19,743 crore against total assets of Rs 12,501 crore. In May 2018, ratings agency ICRA lowered credit ratings on its short-term and long-term loans due to weakening finances. The airline's cost of fuel as a percentage of operations shot up from nearly 40 per cent 2 years ago to nearly 65 per cent today.


There's surely trouble afoot.. According to an article in Economic Times, NSE has sought clarification from 9W on the reasons behind the deferment of its April-June earnings announcement. According to the article 9W responded with contradictory statements. Quote from the article and link below

Quote:
"We have noticed a difference in your response dated August 10,2018. Hence kindly clarify whether the management sought extension from audit committee as per your response dated August 10, 2018 or Audit committee did not recommend the said financial result to the Board as per your announcement dated August 9, 2018,” the NSE queried Jet.

“In your response dated August 10, 2018 the details of certain matters which has been not closed is not provided . Kindly provide us the exact reasons for which Audit committee has not approved the financial result,” it added, also asking Jet to provide a subsequent date for its board meeting to consider its earnings.


https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/jet-airways-faces-more-queries-on-earnings-deferment/articleshow/65392773.cms
Back to top
View user's profile Send private message Yahoo Messenger
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Thu Aug 16, 2018 10:40 pm    Post subject: Reply with quote

https://timesofindia.indiatimes.com/business/india-business/jet-airways-announces-seat-select-initiative-for-its-passengers/articleshow/65425932.cms


Jet Airways announces 'seat select' initiative

Aug 16, 2018

Jet Airways on Thursday started an initiative called “Seat Select” sale under which the passengers will now get the opportunity to choose their preferred seats by paying a nominal fee. The officials of the airline said that the same was applicable for all Jet airways flights across their network of 45 destinations.

Apart from the domestic flyers, the initiative will be applicable for the international passengers while traveling with the Jet Airways for their onward journey in the country.

The limited offer, as officials said, will be valid from August 16 to August 31. However, they added that economy guests could select any seat of their choice by paying a fee of Rs 200 regardless of the travel date. All seats with the exception of a few such as the front row seats and those in the emergency rows will be available for selection as part of the sale, the officials pointed out.

To avail the offer, the passengers could visit the ticketing offices of the airline at the airports or anywhere in the city in addition to calling the airline’s call centre or by visiting the website or the mobile application of the airline.

Marnix H Fruitema, executive vice president - commercial, Jet Airways, said, "Seat Select is increasingly becoming the mainstay of our guest preferences while travelling with Jet Airways. The 15-day sale will not only offer special prices to our regular fliers but will also attract and enable new guests to experience the advantages of this concept."

_________________
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Thu Aug 23, 2018 5:47 pm    Post subject: Reply with quote

https://timesofindia.indiatimes.com/business/india-business/jet-plans-to-sell-meals-in-economy-class-of-some-flights/articleshow/65508793.cms

Jet plans to sell meals in economy class of some flights

Aug 23, 2018

Desperate to increase revenue and reduce costs, Jet Airways is planning to start selling meals and beverages in economy class of some of its domestic flights. The airline told BSE on Wednesday that its meeting next Monday — when Q1 result is to be announced — will “take up the matter in relation to the cost reduction initiatives and turnaround plan.”

Sources say the airline is working on a transformation plan that includes things like reducing the high sales & distribution and employee costs. “Bringing in other efficiencies like buy-on-board is part of this. There are several components of this work-in-progress plan, some of which are not moving well like the plan to cut pilot salaries which faced stiff resistance,” said a source.

But the airline knows that a gap between revenue and expenditure for a very long period could spell a problem for it. “While remaining full service carrier (FSC), all possible steps to increase revenue, reduce costs and improve passenger experience will be taken,” said a person in the know of developments.

Responding to whether it will start selling meals on board, a Jet spokesperson said the airline “continually reviews its products and services framework based on guest feedback and its own customer insights gleaned from guest preferences and choices.”

_________________
Back to top
View user's profile Send private message
justbala
Member


Joined: 11 Jan 2007
Posts: 1810
Location: Bangalore

PostPosted: Thu Aug 23, 2018 7:10 pm    Post subject: Reply with quote

747-237 wrote:
https://timesofindia.indiatimes.com/business/india-business/jet-plans-to-sell-meals-in-economy-class-of-some-flights/articleshow/65508793.cms

Jet plans to sell meals in economy class of some flights

Aug 23, 2018

Desperate to increase revenue and reduce costs, Jet Airways is planning to start selling meals and beverages in economy class of some of its domestic flights. The airline told BSE on Wednesday that its meeting next Monday — when Q1 result is to be announced — will “take up the matter in relation to the cost reduction initiatives and turnaround plan.”

Sources say the airline is working on a transformation plan that includes things like reducing the high sales & distribution and employee costs. “Bringing in other efficiencies like buy-on-board is part of this. There are several components of this work-in-progress plan, some of which are not moving well like the plan to cut pilot salaries which faced stiff resistance,” said a source.

But the airline knows that a gap between revenue and expenditure for a very long period could spell a problem for it. “While remaining full service carrier (FSC), all possible steps to increase revenue, reduce costs and improve passenger experience will be taken,” said a person in the know of developments.

Responding to whether it will start selling meals on board, a Jet spokesperson said the airline “continually reviews its products and services framework based on guest feedback and its own customer insights gleaned from guest preferences and choices.”


JetKonnect fiasco all over again?
Back to top
View user's profile Send private message
nadarji
Member


Joined: 11 Jan 2007
Posts: 292

PostPosted: Thu Aug 23, 2018 10:24 pm    Post subject: Reply with quote

Flew Jet recently from BLR to UDR - given the choice between serving the food that they currently serve, and not serving food, they should stop serving food. The quality of the food was a huge negative on the experience for me.
Back to top
View user's profile Send private message
The_Goat
Member


Joined: 03 Mar 2007
Posts: 3044
Location: South of France

PostPosted: Fri Aug 24, 2018 6:29 pm    Post subject: Reply with quote

nadarji wrote:
Flew Jet recently from BLR to UDR - given the choice between serving the food that they currently serve, and not serving food, they should stop serving food. The quality of the food was a huge negative on the experience for me.


9W and AI should stop serving meals on all domestic flights of less than 2 hour duration. A drink and a small packet of munchies are more than enough.
_________________
I don't know which is the more pampered bunch : AI's widebodies (the aunties) or Jet's widebodies (the planes).
-Jasepl
Back to top
View user's profile Send private message
Caliguy
Member


Joined: 14 Nov 2007
Posts: 640
Location: Los Angeles

PostPosted: Fri Aug 24, 2018 11:57 pm    Post subject: Reply with quote

The_Goat wrote:
nadarji wrote:
Flew Jet recently from BLR to UDR - given the choice between serving the food that they currently serve, and not serving food, they should stop serving food. The quality of the food was a huge negative on the experience for me.


9W and AI should stop serving meals on all domestic flights of less than 2 hour duration. A drink and a small packet of munchies are more than enough.


I remember IA used to serve something like a samosa (it was not a samosa but a fried cutlet) on short routes. You are right though. No meal needed under 2 hours (maybe still in J).

Thanks,
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Sat Aug 25, 2018 5:05 pm    Post subject: Reply with quote

Jet Airways has added a new 737-8MAX to the fleet today, as VT-JXC.
_________________
Back to top
View user's profile Send private message
iah87
Member


Joined: 17 Apr 2007
Posts: 2295

PostPosted: Mon Aug 27, 2018 11:32 pm    Post subject: Jet Airways Posts Loss Reply with quote

https://www.thehindu.com/business/Industry/jet-airways-makes-q1-loss-of-1323-cr-on-fuel-currency-impact/article24794429.ece?homepage=true

et Airways makes Q1 loss of ₹1,323 cr. on fuel, currency impact. The key is to find out how much of this was caused by fuel prices and currency. Jet gets a good chunk of its revenue from international ops and should have less currency fluctuation problems unlike Indigo or Spicejet.
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Wed Aug 29, 2018 12:02 am    Post subject: Reply with quote

Jet Airways has added a new 737-8MAX to the fleet today, as VT-JXD.
_________________
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Wed Aug 29, 2018 3:42 pm    Post subject: Reply with quote

https://www.dnaindia.com/business/report-jet-airways-to-sell-and-lease-back-aircraft-to-fly-out-of-turbulenc-2656182

Jet Airways to sell and lease back aircraft to fly out of turbulence

Aug 29, 2018

Jet Airways, which reported a loss of Rs 1,326 crore in April-June quarter, plans to sell and lease back "a portion" of the 16 aircraft it owns.
The airline management estimates the market value of these aircraft over $750-800 million.

Speaking during a conference call with the analysts, Amit Agarwal, CFO and deputy CEO of Jet Airways, referring to the monetary value of these aircraft said, "We have a clear intent to put a portion of these to sale and lease back. Clearly there is a huge equity sitting there," Agarwal said.

_________________
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Wed Aug 29, 2018 8:45 pm    Post subject: Reply with quote

http://www.newindianexpress.com/business/2018/aug/29/jet-airways-to-introduce-28-new-flights-in-september-1864565.html

Jet Airways to introduce 28 new flights in September

29th August 2018

Jet Airways is set to introduce 28 new flights in the coming month, including flights from Indore to Jodhpur and Vadodara and between Chandigarh and Lucknow, Ahmedabad and Jodhpur as well as Vadodara and Jaipur.

Being a network carrier, Jet Airways' new services - including industry firsts as well as a mix of non-stop and one-stop flights - will strengthen the airline's footprint, enabling it to meet the rising demand for domestic and international air travel in emerging cities.

The new services will also help connect guests with other cities including metros as well as the airline's global network via its hubs in Mumbai, Delhi, and Bengaluru.

In a series of industry-firsts, Jet Airways will introduce daily flights from Indore, connecting the 'largest city in Madhya Pradesh' to Jodhpur as well as to Vadodara.

In other notable firsts, Jet Airways is also set to commence flight operations between Chandigarh and Lucknow, Ahmedabad and Jodhpur as well as Vadodara and Jaipur.

Jet Airways will be the only airline in the country operating these routes which will improve connectivity between north India and central as well as western India.

The airline is also introducing additional frequencies on key existing routes, expanding non-stop capacity between Mumbai - Guwahati and Delhi -Bagdogra and providing additional one-stop connectivity on the Mumbai -Bagdogra and New Delhi - Guwahati routes.

Among other network enhancements, the schedule will see Jet Airways launch non-stop flights connecting Bengaluru with Lucknow, Indore with Kolkata, Kolkata with Chandigarh, Coimbatore with Hyderabad, Visakhapatnam with Mumbai and Delhi, reflecting the growing demand for its services to facilitate the travel aspirations of its guests.

The airline's focus on Indore is evident, given that the city is fast shaping up as a key pillar in its pan-India network due to its central location and expanding infrastructure.

Jet Airways is all set to deepen it's connect with Indore by offering services to 14 cities across the country.

In fact, the airline will be the only one providing non-stop connectivity from Indore to emerging markets and mini metros such as Ahmedabad, Jaipur, Vadodara, Jodhpur, Allahabad, Chandigarh, Lucknow, Nagpur and Pune.

Jet Airways will also provide non-stop connectivity from Indore to metros such as Kolkata and Hyderabad as well as its hubs in Mumbai, Delhi and Bengaluru channelising network traffic seamlessly to its international network.

The airline's latest service to Kolkata will finally link it to the main commercial and financial hub of East.

The new and existing flights will also enable Jet Airways' guests to avail the airline's day-return services from Indore to Mumbai, Delhi, Ahmedabad, Jaipur and Nagpur.

Further, guests from Bengaluru, Hyderabad, Pune and Kolkata will now have additional connectivity to Jodhpur, Allahabad, Vadodara and vice versa via Indore, according to a company statement here.

_________________
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Thu Aug 30, 2018 3:16 pm    Post subject: Reply with quote

Jet Airways / Bangkok Airways expands codeshare network from Aug 2018

30 August 2018

Jet Airways and Bangkok Airways last week expanded codeshare partnership, cover service within India and Thailand, as well as selected service between Thailand and Vietnam.
Following codeshare routes went into effect on 23AUG18.

Bangkok Airways operated by Jet Airways
Delhi – Ahmedabad
Delhi – Bangalore
Delhi – Chennai
Delhi – Mumbai
Mumbai – Ahmedabad
Mumbai – Bangalore
Mumbai – Chennai
Mumbai – Goa
Mumbai – Kolkata

Jet Airways operated by Bangkok Airways
Bangkok – Chiang Mai
Bangkok – Chiang Rai
Bangkok – Da Nang
Bangkok – Koh Samui
Bangkok – Krabi
Bangkok – Phuket
Bangkok – Phu Quoc
Bangkok – Sukhothai
Bangkok – Trat


Source:Airlineroute.net
_________________
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Thu Sep 13, 2018 1:17 am    Post subject: Reply with quote

https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/jet-to-launch-direct-mumbai-manchester-service-from-nov-5-to-operate-five-flights-every-week/articleshow/65788188.cms

Jet to launch direct Mumbai-Manchester service from Nov 5; to operate five flights every week

Sep 12, 2018

Jet Airways will start direct services between Mumbai and Manchester from November 5, with five flights every week. A wide-body A330-200 aircraft, having 254 seats, would be deployed for the direct flight to Manchester in the UK, the airline said Wednesday.

It would operate the flight "five days a week including Thursday, Friday, Saturday, Sunday and Monday.

Manchester would be the 21st international destination for Jet Airways and fifth non-stop service to and from the UK.

"Jet Airways' flight 9W 130 will depart from Mumbai at 0230 hours and arrive in Manchester's Terminal 2 at 0755 hours (local time). The return flight, 9W 129 will depart from Manchester at 0930 hrs (local time) and arrive in Mumbai's Terminal 2 at 0040 hours," the release said.

_________________
Back to top
View user's profile Send private message
me111993
Member


Joined: 04 Sep 2009
Posts: 3222
Location: MAA/AMD

PostPosted: Thu Sep 13, 2018 1:04 pm    Post subject: Reply with quote

747-237 wrote:
https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/jet-to-launch-direct-mumbai-manchester-service-from-nov-5-to-operate-five-flights-every-week/articleshow/65788188.cms

Jet to launch direct Mumbai-Manchester service from Nov 5; to operate five flights every week

Sep 12, 2018

Jet Airways will start direct services between Mumbai and Manchester from November 5, with five flights every week. A wide-body A330-200 aircraft, having 254 seats, would be deployed for the direct flight to Manchester in the UK, the airline said Wednesday.

It would operate the flight "five days a week including Thursday, Friday, Saturday, Sunday and Monday.

Manchester would be the 21st international destination for Jet Airways and fifth non-stop service to and from the UK.

"Jet Airways' flight 9W 130 will depart from Mumbai at 0230 hours and arrive in Manchester's Terminal 2 at 0755 hours (local time). The return flight, 9W 129 will depart from Manchester at 0930 hrs (local time) and arrive in Mumbai's Terminal 2 at 0040 hours," the release said.


Woah !

This is brand new information.
_________________
Causal Determinism : We are hardwired to need answers. The Caveman who heard a rustle in the bushes and checked out to see what it was, lived longer than the guy, who assumed it was just a breeze.

- Greg House
Back to top
View user's profile Send private message Send e-mail Visit poster's website Yahoo Messenger
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Thu Sep 13, 2018 3:23 pm    Post subject: Reply with quote

https://www.financialexpress.com/industry/jet-airways-in-talks-to-lease-a330s-boeing-737s-to-oman-air/1310251/

Jet Airways in talks to lease A330s, Boeing 737s to Oman Air

September 12, 2018

Jet Airways is in talks with Muscat-based Oman Air to wet-lease three of its widebody aircraft, the A330s, and few of its narrowbody Boeing 737s, sources in the know of the discussions told FE. The number of the Boeing737 aircraft to be leased, however, could not be ascertained. Nearly 150 of Jet’s cabin crew have already been interviewed for the same.

_________________
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 9623
Location: Gordon Gekko's Boardroom

PostPosted: Tue Sep 18, 2018 12:21 pm    Post subject: Reply with quote

Jet Airways 737 MAX 8 W18 International operations as of 17SEP18

Jet Airways in recent weeks gradually filed planned 737 MAX 8 operations for international routes during winter 2018/19 season, effective 28OCT18.
The following is the list of planned MAX 8 service, as of 17SEP18.

Delhi – Singapore 28OCT18 – 30MAR19 1 daily
Goa – Abu Dhabi 15DEC18 – 30MAR19 1 daily
Mumbai – Dubai 15NOV18 – 30MAR19 1 daily
Mumbai – Kathmandu 28OCT18 – 30MAR19 1 daily


Source: Airlineroute.net
_________________
Back to top
View user's profile Send private message
justbala
Member


Joined: 11 Jan 2007
Posts: 1810
Location: Bangalore

PostPosted: Wed Sep 19, 2018 3:48 pm    Post subject: Reply with quote

9W following UK into the grey area between LCC and FSC. Received this in the mail today. Ironic they actually make it sound like a good thing -

Quote:

Two years after the successful introduction of ‘Fare Choices’, we have made further enhancements to bring you more value for money, by letting you choose a travel plan based on your preference, travel requirements and budget.
Fare Choices in Economy currently offers a total of five fare options viz. 'Light', 'Deal', 'Saver', 'Classic' and 'Flex'.
We have now unbundled fares in 'Light' and 'Deal' categories of Fare Choices in Economy, for flights within India, providing our lowest fare options, as consumer surveys clearly reveal that guests want the flexibility of enjoying competitive fares with the options to buy meals. With this enhancement, guests now have the flexibility to choose fares offering flight+meal or flight only option.
From 25th September 2018, guests travelling in Economy and booking ‘Light’/’Deal’ fares for travel from 28th September 2018 on flights within India (our domestic network) will not only be able to avail competitive low fares but have the opportunity to buy meals from a specially curated on-board menu. Guests can choose from vegetarian and non-vegetarian meals, including hot meal options on select flights and pay using their debit / credit cards. Complimentary beverage service including tea and coffee to all guests in Economy (including ‘Light’/’Deal’ fares), will continue on eligible flights.
We will continue to offer complimentary meals across 'Light'/'Deal' Fare Choices for guests who have made bookings prior to 25th September, 2018. On flights within India, all features and benefits, including complimentary meals will continue for Economy fare options viz. 'Saver', 'Classic' and 'Flex and for all fare options in Première. On international flights, all features and benefits under First Class, Première and Economy remain unchanged.
JetPrivilege members travelling across all Fare Choices, continue to enjoy the ability to earn JPMiles on all their flight activities as well as redeem their JPMiles for award flights across its extensive domestic and extended international network, along with its partners covering over 1000 destinations worldwide.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Airliners-India Forum Index -> Civil Aviation All times are GMT + 5.5 Hours
Goto page Previous  1, 2, 3, 4, 5  Next
Page 4 of 5

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © phpBB Group. Hosted by phpBB.BizHat.com