Monday, February 29, 2016

Jet Airways looks to raise aircraft utilisation

Mumbai: At a time when most of the domestic airlines are trying to expand capacity and networks, Jet Airways — the country’s second-largest full service airline — has decided to consolidate its existing position by maximising aircraft utilisation rather than adding more planes.
The carrier has decided to expand at a prudent pace on profitable routes while increasing revenues from international operations by code-sharing with Etihad and other foreign airlines.
Despite not adding any new aircraft, Jet Airways has managed to increase the number of passengers by 15% to 1.91 crore during the first three quarters of FY16, as utilisation of the Boeing 737 aircraft has increased to 13.07 hours. Overall, the number of flying hours for every aircraft in the fleet increased to 12.8 hours from 11.9 hours.
The turnaround time of planes has been reduced, which is helping the airline operate more flights, and as a result carry more passengers. Recently, the full service carrier decided to increase its flights to Bangkok and Dubai from its hubs in Delhi and Mumbai to tap more passengers during summer holidays.
29/02/16 Malyaban Ghosh/Financial Express
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