Search Result for : Jet Airways

PTI Jet Airways and app-based cab aggregator Uber have joined hands to provide first and last mile connectivity to air travellers. The cab booking feature will be available to all passengers in the cities where Uber currently operates in India while booking their travel itinerary with the airline on the Jet Airways app, the airline said. "This path-breaking initiative from the airline will help guests by offering a seamless solution from doorstep to doorstep," it added. "Through this partnership, Jet Airways guests across 29 cities will be able to request their Uber when they book their flight," said Madhu Kannan, Chief Business Officer, Uber India and Emerging markets. "The partnership with Uber reflects our ambition to leverage technology for enhancing our guest experience," according ...

The Dollar Business Bureau Boeing, a leading player in the global aerospace industry, launched the Boeing India Engineering & Technology Centre in Bengaluru on 24-01-2017. The company mentioned that the new undertaking shall boost local employment and support many of its operations such as information technology and data analytics, engineering, research and technology. The precise employment projections and investment figures haven't been disclosed. "The centre will leverage a talented pool of employees to increase productivity and long-term competitiveness to support Boeings engineering growth in strong global markets like India," Boeing India president Pratyush Kumar said. In India we see a true path towards a mutual partnership for success, and the launch of this centre is a major step in that direction, he added. In India, Boeing has had a presence ...

The “anarchic” 5/20 rule, as the Union Civil Aviation Minister Ashok Gajapathi Raju puts it, has been finally abolished! Though the respite is partial, the new rule in place will definitely enable a few new airlines like Vistara and Air Asia to pursue their international dreams, and really soon! Well, they now call it the “industry-friendly” 0/20. The earlier 5/20 rule required a domestic carrier to be in operations for at least five years and have a fleet of 20 aircraft, if it wanted to fly international skies. While the new rule scraps the mandate to have five years of domestic operations, it does want an airline to keep aside 20 aircraft or 20% of their total fleet (whichever is higher) ...

The Dollar Business Bureau Private airline Jet Airways has decided to take back all the six Boeing aircrafts leased out to Etihad Airways, in the next six months and use them on some of its important routes that include Gulf region. Giving a statement to the media, Amit Agarwal, acting Chief Executive and CFO of Jet Airways said, “The six aircrafts (B777-300 ER) are expected to be deployed from the month of August and some of these aircrafts could also be used on the domestic routes.” "Our Boeing 777 wide body aircrafts, presently on lease to our investment partner Etihad Airways, will be taken back and deployed from August. After taking into consideration the market conditions, we are planning to upgrade some of ...

The Dollar Business Bureau India’s private airline operator Jet Airways on Monday placed an order for 75 new fuel-efficient aircraft 737 MAX 8 from US manufacturer Boeing. The order announced at the 2015 Dubai Airshow is the largest ever in Jet Airway’s history and the airline will be the first operator in India to take delivery of Boeing 737 MAX 8 planes. “This order is an endorsement of our confidence in the long term prospects of the Indian aviation sector, which reflects the positive forecast for the country’s economy, and offers tremendous potential for growth and development,” said Naresh Goyal, chairman, Jet Airways. The 737 MAX 8 contain the latest technology CFM international LEAP-1B engines, advanced technology winglets with ...

The Dollar Business Bureau There’s more bad news for prospective foreign investors in the Indian civil aviation sector as airlines major Jet Airways has reported a net loss of Rs.1,813.7 crore (standalone) for FY2015. This, despite a big fall in its fuel expense. The full year results that were released on Friday show that despite the carrier’s fuel expenses falling to just 34.2% of its sales – the lowest since FY2010 – losses continue to mount. While some might take heart from the fact that its FY2015 loss is a huge improvement from the Rs.3.667.9 crore loss the company had incurred in FY2014, its shares plunging by over 6% on Monday indicate that investors are tired of seeing the glass half ...