Higher aviation turbine fuel prices, ageing fleet and the pressure of running a full-service airline are hurting Jet Airways Ltd. The only solution to these problems is to pull out of the “rat race” to offer cheaper airfare, said former Air India Director Jitender Bhargava.
Being a full-service airliner, Jet Airways’ costs are higher compared to budget peers like InterGlobe Aviation Ltd.-led IndiGo and SpiceJet Ltd.
“If Jet Airways is going to price its tickets at the same level as IndiGo, which doesn’t even provide food and other facilities, how is it going to break-even?” Bhargava pointed out in a conversation with BloombergQuint.
06/08/18 Mahima Kapoor/Bloomberg Quint
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Being a full-service airliner, Jet Airways’ costs are higher compared to budget peers like InterGlobe Aviation Ltd.-led IndiGo and SpiceJet Ltd.
“If Jet Airways is going to price its tickets at the same level as IndiGo, which doesn’t even provide food and other facilities, how is it going to break-even?” Bhargava pointed out in a conversation with BloombergQuint.
06/08/18 Mahima Kapoor/Bloomberg Quint
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