Jet
Presently Jet does not have the permission to fly to the US. That is a big hold up in the operation plus two of the Ethihad pricks in the wall. Stay away until the bad apple is out of the basket. It was good there and it is a fact that it takes just one guy to screw to climate totaly. March is not a date anymore for delivery and April is as well canned. Make out of it what you want but I would not put my hand up for it in this stage. The Sahara deal felt thru and just this week a Court ruling freed the Escrow account for Jet´so they got the deposit for the deal back. That helps to lower the cost but the lost domestic market shares of almost 20% in two year is a challenge as well. It is more complex to grow from a regional operator to a global one then place some order to Chicago and Toulouse. As quoted in a earlier threat the newly appointed man in the ranks does not built confidence that it is a desirable company. It is up to the man and woman there to get rid of him asap for theire own sake and future. On the other side there are obstacles in the operation due to the outdated DGCA regulation. The growth is faster then 5 years ago ever expected. It is time as well for the regulator to pick up the pace and grow as well. Some regulation ar outdated and instead of changing the regulation or simply delete some outdated parts they DGCA grants excemptions from the present rule. That can be canceled every time and the excemption is not a good base to put a foot on. It can be granted one day and to one operator. The next day another operator wants the same he has to apply for another excemption of the outdated rule and that costs time and money and when the permission is granted the situation is changed and sometime not worth anymore to persue. The Aviation act needs to be changed to the needs of Aviation in India in the 21th Century and not backdated in the late 19th Century anymore. That will take time and the grow is not stopping. Just try this: Change a wheel on a car who makes about 120 km/hr, 65mph, and you cannot stop it but the tire is flat..... that is how Indian Aviation is moving.
Fly safe and land happy
NG