Monday, May 20, 2013

Jet Looks at Amsterdam, Berlin, Paris for International hubs


Mumbai:Jet Airways (India) Ltd, India's second largest airline by passengers carried, is exploring plans to open at least two additional international hubs besides Abu Dhabi, following Etihad Airways PJSC's decision to acquire a 24% stake in the former for $379 million. It is looking at Amsterdam, Berlin and Paris for this purpose, according to two people close to the development. Jet Airways currently uses Delhi and Mumbai as local hubs and Brussels as an international hub. Two more international hubs will help Jet Airways offer its passengers more choices and competitive fares.
India allowed foreign airlines to invest in local ones in September, setting the stage for Jet Airways to sell a 24% stake to Etihad. Jet Airways plans to move at least one-third of its international operations through Abu Dhabi after it concluded the transaction with Etihad. In fact, it has already started connecting Kuwait from Kochi via Abu Dhabi.
20/05/13 Aviation Pros.com
To Read the News in full at Source, Click the Headline