Mumbai: Jet Airways said that it plans to grow international capacity by 10-12 per cent and have a 10-year network plan to expand its footprints to Abu Dhabi and beyond.
International operations accounted for 58 per cent of its total revenues. “Through the deal with Etihad, we also plan to enhance our corporate contacts in the international market. Right now, we do not have strong corporate contacts internationally,” said K.G. Vishwanath, Vice-President (commercial strategy and investor relations) on the sidelines of the 21st Annual General Meeting on Thursday.
He said the company is looking to raise $300 million through the external commercial borrowing (ECB) route. This will include the deal for $150 million that will be facilitated through its partnership with Etihad.
08/08/13 Business Line
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International operations accounted for 58 per cent of its total revenues. “Through the deal with Etihad, we also plan to enhance our corporate contacts in the international market. Right now, we do not have strong corporate contacts internationally,” said K.G. Vishwanath, Vice-President (commercial strategy and investor relations) on the sidelines of the 21st Annual General Meeting on Thursday.
He said the company is looking to raise $300 million through the external commercial borrowing (ECB) route. This will include the deal for $150 million that will be facilitated through its partnership with Etihad.
08/08/13 Business Line
