JET AIRWAYS AIRPASS PROFESSIONAL
“Over the years, the brand has created loyal customers and we wish to bring in freshness by adding value – an Indian brand with a global outlook, warm yet professional which symbolises the New India, Young India. We aim to re-energize the brand by infusing energy, warmth, and vibrancy into it while making it bigger and better,” said Manoj Narender Madnani, a consortium board member. “Jet Airways has been a brand with a glorious history of over 25 years, and it is the vision of the consortium to put Jet Airways back in the skies at the earliest opportunity. The carrier is India’s oldest private airline and is already a common household name in the country, making it easier to market to the public.
JET AIRWAYS AIRPASS UPDATE
The update to Boeing’s Orders and Deliveries website reflects the alignment with the accounting standards for recognizing revenues.” This means that hypothetically the carrier’s new owners could reinstate the order, but considering they want to start with a smaller fleet, it is unlikely they will do so.Īlthough the consortium initially intended to create a brand new airline, they ultimately bid for Jet Airways due to its brand and passenger loyalty. Our contractual agreements with Jet Airways remain in place. In a statement to Live from A Lounge, Boeing said, “The Jet Airways orders are not cancelled.
According to the manufacturer, the contractual agreements between it and Jet Airways still stand. While it seems the $26 billion order would be off the books for good, Boeing says otherwise. However, before Jet Airways’ demise in 2019, the carrier placed an order for over 200 Boeing 737 MAX 8 and 9 jets but canceled it after its bankruptcy. There is little information on if the new owners plan to acquire more jets, but they have said that they plan to start with a smaller fleet. These slots are imperative for a successful relaunch, and it should be easy for the consortium to take them up.Īs far as the aircraft used on these routes, Jet Airways still has six Boeing 777-300s, three Boeing 737-800s and two Airbus A330-200 for use. Unfortunately, the airline did lose many of its key European slots, such as in London Heathrow and Amsterdam Schipol, but it managed to hold on to critical slots in Delhi, Mumbai, Bangalore and Hyderabad. While the owners plan to focus heavily on domestic routes, the airline also plans to restart some international routes. Jet Airways’ new owners told the Times of India, “This would help boost the economy in these cities, help Jet Airways stand back on its feet fast, and support the overall vision of the Indian government to promote aviation business through tier 2/3 cities.” According to The Hindu, the cities lost 85%, 55%, and 42% in passenger load respectively, so the revival of jet Airways will be a major win for these communities.
Tier 2 cities such as Bhuj, Rajkot and Aurangabad were hurt by the closure of Jet Airways in 2019, with the cities taking a major hit in air traffic. Furthermore, it would be reclaiming its hubs in Delhi, Mumbai and Bengaluru and creating sub-hubs in Tier 2 and tier 3 cities.
In its announcement, the Jalan-Kalrock consortium explained the carrier would relaunch as a full-service airline.