Thursday, June 11, 2009

Jet to use surplus aircraft on Gulf routes

New Delhi: Under pressure to drastically cut costs, Jet Airways is in the process of reducing domestic capacity by 10 per cent and plans to utilise the aircraft freed from these cuts on high density routes of the Gulf and Saudi Arabia.
The premier private carrier, which has already reduced domestic capacity by 20 per cent to contain losses and survive the wrath of the global financial downturn, has also started the process of reducing it by another 10 per cent.
Commenting on the financial crunch facing the airline and the industry in general, Jet Chairman Naresh Goyal said in Kuala Lumpur yesterday that the airline would slash its capacity by an additional 10 per cent after having cut 20 per cent.
10/06/09 Freshnews.com
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