Monday, March 01, 2010

Jet to restart Shanghai flights

New Delhi: Naresh Goyal-controlled Jet Airways plans to revive its Mumbai-Shanghai-San Francisco air service following a recovery in international air traffic.
The airline had earlier withdrawn its long-haul flight due to economic downturn resulting into poor demand on the sector.
“We can start our flight to Shanghai any time,” an airline official said on condition of anonymity. The airline would also launch a flight to Johannesburg next month. The official said the airline already has government nod to operate daily flights to Shanghai.
Jet Airways has seen a significant jump in traffic on its foreign routes and is currently managing a load factor of over 80% on several routes including the long-haul flight to Europe and North America. Jet Airways also plans to introduce Mumbai-Colombo flight. It already has a Chennai-Colombo service.
With the world economy rebounding in recent months, demand for air travel has significantly improved encouraging airlines to add capacity on their network.
01/03/10 Nirbhay Kumar/Economic Times
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