US authorities have downgraded India's aviation safety rating, citing a lack of safety oversight, meaning the country's carriers cannot increase flights to the world's biggest aviation market and face extra checks for existing ones.
Jet Airways and state-run Air India, the only two carriers that fly from India to the United States, will be hit by the downgrade. Air India has 21 weekly flights between India and the United States, while Jet has seven.
Hours after the FAA downgrade, United Airlines said it would suspend a marketing pact with Jet, with effect from Saturday. FAA rules bar US carriers from code-sharing arrangements with airlines from countries that have been downgraded.
Shares of Jet Airways shares closed Friday down 3.7 per cent in Mumbai, the Indian financial capital.
01/02/14 Reuters/Emirates 24|7
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Jet Airways and state-run Air India, the only two carriers that fly from India to the United States, will be hit by the downgrade. Air India has 21 weekly flights between India and the United States, while Jet has seven.
Hours after the FAA downgrade, United Airlines said it would suspend a marketing pact with Jet, with effect from Saturday. FAA rules bar US carriers from code-sharing arrangements with airlines from countries that have been downgraded.
Shares of Jet Airways shares closed Friday down 3.7 per cent in Mumbai, the Indian financial capital.
01/02/14 Reuters/Emirates 24|7
