Sunday, October 20, 2013

Jet Airways to take flight to medium-haul overseas routes post Etihad Deal

Mumbai: Jet Airways may shift focus to medium-haul international routes with its margins under pressure in the local market and partner Etihad Airways set to control most of the long-haul traffic in their combined network.
India's second-biggest airline by market share plans to start flights to at least 15 new routes, including locations such as Oman, Muscat, Kuala Lumpur and Guangzhou, said a person close to the development.
It may also look at increasing its current fleet size of 100 aircraft by close to 50%, either by leasing or buying planes, he added.
A Jet spokesperson refused comment. Etihad didn't immediately reply to an emailed questionnaire.
21/10/13 Anirban Chowdhury/Economic Times
To Read the News in full at Source, Click the Headline