Sunday, July 14, 2013

Rivals beat Jet Airways at the lobby game

Mumbai: Already under the scanner for ceding unusual levels of management control to new partner and Middle East carrier Etihad in a Rs 2,058 crore deal, Jet Airways finds itself with its back to the wall in a game it normally is very good at: lobbying.
Rival airlines are lobbying hard against the government decision to allot 36,670 seats weekly allotted to Abu Dhabi-based Etihad, which many in the industry claim was the sweetener that clinched the stake sale in the Naresh Goyal-controlled Indian carrier. The earlier allocation per week under so-called bilaterals with the Arab emirate was 13,600 seats.
Bilaterals are government-to-government agreements that decide airline capacity on routes between two countries.
14/07/13 Manisha Singhal/Business Today
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