Jet Airway In India
JETAIRWAYS IN INDIA
INTRODUCTION:
In July 2008, magazine ranked Jet Airways as the world's best long-haul airline after Singapore Airlines.[1] In a poll conducted by SmartTravelAsia.com in September 2008, it was voted as the world's seventh best airline overall.Jet Airways has also won a survey award for the quality of its catering from magazine. Jet Airways also operates two low-cost airlines, namely JetLite (formerly Air Sahara) and Jet Airways Konnect.
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Jet Airways Airbus A340-300E at London Heathrow Airport in 2005 with the 1993-2007 livery
, who already owned Jetair (Private) Limited, which provided sales and marketing for foreign airlines in India, set up Jet Airways as a full-service scheduled airline to compete against state-owned Indian Airlines. Indian Airlines had enjoyed a monopoly in the domestic market between 1953, when all major Indian air transport providers were nationalised under the Air Corporations Act (1953), and January 1994, when the Air Corporations Act was repealed, following which Jet Airways received scheduled airline status.
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In October 2008, Jet Airways laid off 1900 of its employees, resulting in the largest lay-off in the history of Indian aviation.[8] However, later, the employees have been asked to return to work. Civil Aviation Minister Praful Patel said that the management reviewed its decision after he analyzed the decision with them.[9][10]
than 400 of the company's pilots called in sick. According to Indian media reports, the strike cost the airline some $8m (£4.79m) a day.[15]
JETAIRWAYS IN INDIA
In April 2007, Air Sahara was bought over by Jet Airways for 14.5 billion rupees ($340 million). The deal is expected to give Jet Airways a combined domestic market share of about 32%. Though there were long-drawn negotiations between Jet and Sahara airlines over the buy-out of Air Sahara and the matter even reached the courts, finally a deal was sealed amicably. It was announced that Air...
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