Naresh Goyal’s long-held ambition of making Jet Airways the largest Indian airline overseas is finally bearing fruit.
Already, the complete withdrawal of rival Kingfisher Airlines from international operations is benefiting Jet with higher yields (revenue per passenger). Now, simultaneously, Goyal is also frequenting the corridors of Rajiv Gandhi Bhavan, which houses the Civil Aviation Ministry, to make sure it takes the wind out of another rival — Air India (AI).
Due to the national carrier’s first right of refusal over international flights, it has always held the distinction of having largest number of international flights out of India; that number currently stands at 571 per week.
But now, Goyal wants to take his overseas operations from just 370 per week to a whopping 528 by the winter of 2012 – an increase of over 42 percent. That will bring competition right to AI’s doorstep.
05/04/12 Sindhu Bhattacharya/First Post
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