Thursday, April 26, 2007

Jet Airways to take on BA and Virgin for London to India routes

London: Virgin Atlantic and British Airways are set to face increased competition on lucrative routes to Delhi and Mumbai from the privately-owned Indian carrier, Jet Airways, according to a report in the Independent.
The report said Jet Airways, which is owned by Indian billionaire Naresh Goyal, has announced a 1.9 bln stg expansion of the carrier in a move that will put the airline head to head with the two UK carriers on services from London Heathrow.
The investment includes an order for 30 new long-haul jets from Airbus and Boeing to upgrade Jet's service, according to the report.
Last year about 1.5 mln passengers flew between London and India. Jet Airways began services in May 2005 and now operates 29 direct flights a week to Delhi, Mumbai, Amritsar and Ahmedabad.
Jet is due to take delivery of 20 Boeing 777 and Airbus A330 aircraft over the next two years to expand its current long-haul fleet.
26/04/07 Thomson Financial/ABCmoney.co.uk, UK
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