Jet Air-Kingfisher operational synergies pact yet to take effect

A Jet Airways spokesperson told Business Line that the working groups set up between the two airlines are working out the modalities.
“Working groups have been set up between the two carriers to work out detailed modalities. Once we are in a position to share any information, we will do so at an appropriate time,” the airline spokesperson said. When contacted, a Kingfisher Airlines spokesperson said the alliance is very much on track.
In October last year, both the airlines signed an agreement to help them to significantly rationalise and reduce costs and provide improved standards of service and a wider choice of air travel options to the consumers.
The scope of the alliance included joint fuel management, common ground handling, cross selling of flight inventories, code shares on both domestic and international flights and joint network rationalisation and synergies.
The Jet Airways spokesperson said that the airline is not in a position to offer any information on the status of its deal with the Bahrain-based Gulf Air which had apparently decided to return the leased aircraftto Jet Airways after the wet lease gets over.
It is learnt that Gulf Air had indicated to Jet Airways that it plans to return four long range Boeing 777-300ER aircraft once the wet lease period gets over in six months. According to the agreement, Gulf Air was to convert the wet lease to dry lease after six months.
07/05/09 K. Giriprakash/HotStocked.com

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Categories: Jet Airways May 2009, Kingfisher May 2009