The merging of JetLite and Jet Airways is a step in the right direction, but it doesn't seem to make much difference to the airline. The reasons are manifold. The Jet management mentioned that the merger will result in more focused operational efforts realising synergies in areas like administration, compliance and costs. However, a closer look at the details of the merger shows a picture which indicates that there's nothing much left to synergise.
Take fleet size, for instance. As per the recent data released by the company, JetLite has a fleet of eight aircrafts as of June 2015. In comparison, the fleet of Jet Airways is 108. In fact, the fleet size of JetLite has gradually been pared over the years. The carrier had 24 aircraft in June 2010. Also, the number of JetLite flights has been reduced significantly. In comparison to 10,353 departures in June 2010, the number of departures stood at just 5,710 in three months ending June 2015.
08/09/15 Manu Kaushik/Business Today
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Take fleet size, for instance. As per the recent data released by the company, JetLite has a fleet of eight aircrafts as of June 2015. In comparison, the fleet of Jet Airways is 108. In fact, the fleet size of JetLite has gradually been pared over the years. The carrier had 24 aircraft in June 2010. Also, the number of JetLite flights has been reduced significantly. In comparison to 10,353 departures in June 2010, the number of departures stood at just 5,710 in three months ending June 2015.
08/09/15 Manu Kaushik/Business Today
