Wednesday, November 30, 2016

Jet Airways to keep fleet nimble

Unlike its rivals which are placing huge aircraft orders, full-service carrier Jet Airways claims that it does not want to rush into expensive asset purchase game and would rather develop the market by way of leasing aircraft, code-shares and strategic partnership.

The airline, at present, has a fleet of 114 aircraft, which includes a mix of wide-body planes like Airbus A330s and Boeing 777s and narrow-body 737s and ATRs.

Besides, Jet Airways has 75 Boeing 737s Max on order which is due for delivery in 2018. Also, the airline is said to have deferred the induction of Boeing 787 aircraft which was scheduled to get delivered by the end of next year.

However, Gaurang Shetty, whole-time director of Jet Airways, said that the strategy has worked for the airline as it has the second-largest network from India.

National carrier Air India has the largest network.

Jet Airways now has five gateways through which it operates, apart from core hubs in Mumbai and Delhi.

As per the statistics available with the airline, its code-share traffic has surged from 650,000 passengers in FY14 to 1.22 million in FY15.
30/11/16 Shahkar Abidi/DNA
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