Wednesday, July 16, 2014

Jet Airways pilots raise concerns over Jet Konnect fleet transfer

Jet Airways (9W, Mumbai Int'l) management has held talks with the airline's B737-800 and ATR pilots regarding plans to transfer some B737-800s along with its entire ATR72-500/-600 fleet to LCC subsidiary, Jet Konnect (S2, Mumbai Int'l).

As part of a restructuring program aimed at returning the carrier to profitability following a consolidated annual loss of INR41.3billion (USD689million) for the year ending March 31, 2014, Jet announced plans to enhance Jet Konnect's operations by transferring the aircraft to the latter's Air Operators Certificate in a bid to improve its domestic market share. At present, the aircraft operate under the Jet Konnect brand but are operated by Jet Airways.
16/07/14 ch-aviation
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