PPRuNe Forums - View Single Post - BIRMINGHAM
Thread: BIRMINGHAM
View Single Post
Old 31st Aug 2005, 16:58
  #275 (permalink)  
future_pilot17
 
Join Date: Nov 2004
Location: The open road
Posts: 84
Likes: 0
Received 0 Likes on 0 Posts
Jet Airways

Found this article..........

Jet Airways appears to be twice lucky. It is wet leasing one of its three Airbus 340-300E to Gulf Air for nearly eight weeks, a first by an Indian carrier in recent years. The aircraft, which will be based out of Bahrain, a Gulf Air hub, is likely to be mounted on the Athens sector.

Coincidentally, Gulf Air was one of the owners of Jet Airways’ holding company, Tail Winds, registered out of Isle of Man, till some years ago. Gulf Air and Kuwait Airways each held 20% stake in Tail Winds till the government banned foreign airlines from holding equity in Indian carriers. The promoters of Jet Airways (Naresh Goyal and his family) then bought out the stake of the international carriers in keeping with the new norms.

Since Jet Airways is facing a surplus aircraft situation with the wide-bodied Airbus engaged for its US and UK-bound flights, the airline has been seeking alternate avenues of deployment. A few weeks ago, it leased the plane to Air-India which was facing a month long shortage of one plane on its India-London sector and wanted an aircraft to fill the gap.

Three Airbus planes have proved one too many for its once daily Mumbai-London service. It would have been a different story, if Jet had secured the go-ahead from the US authorities for its flights to Newark from Mumbai/Delhi.

The wet lease will run from August 30 to October 24, ’05. The flights will be operated in a two-class configuration of 38 business and 231 economy class seating. Typical of a wet lease deal, Jet will provide the aircraft with pilots and cabin crew. The inflight catering will be dealt by Gulf Air.

On its return, Jet Airways plans to introduce a second daily service, this time out of Delhi to London.It also proposes to mount a thrice weekly service to Birmingham from Delhi via Amritsar, akin to Air-India’s recently introduced flight. The Jet’s schedule is likely to cover the days when Air-India is not flying.
http://economictimes.indiatimes.com/...ow/1214980.cms

Interesting, wouldn't Mumbai be the better option?
future_pilot17 is offline