Jet Airways may soon fly full capacity

Mumbai: Jet Airways, the country’s largest airline by market value, is on course to revert to its capacity, which it used to operate before the economic downturn began.
"We have no further plans for capacity reduction...probably, we will go back to earlier seats," said Saroj Datta, executive director of Jet Airways to analysts conference call, without divulging the exact time of this capacity addition.
Jet Airways had cut available seats as much as 30%. Analysts said the proposed capacity addition would take place through adding more planes to its fleet and increasing seats to its no-frills JetKonnect.
Mr Datta said Jet has decided to add two Airbus 330, which were given on lease to Oman Air once their lease period expires in November, to its fleet. "We have not yet decided on our future course of action with the rest leased out planes," he added. In addition to two Airbus planes, Jet had leased out four Boeing 777 planes to Gulf Air whose leasing period will expire on Saturday.
Analysts say stability in aviation turbine fuel (ATF) prices, which constitute half of operational expenses, and a gradual turnaround in domestic traffic are responsible for Jet taking the decision to add capacity. In fact, the recovery in the domestic aviation sector has started getting momentum.
30/10/09 Mithun Roy/Economic Times

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Categories: Jet Airways Oct 2009