Is this the end for Jet Airways of India
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Sadly, this does not look good. As the OP states, Jet Airways offer a far superior product to the inefficient Air India.
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As good as the service is, 9W does not have the support of the Indian Government. So it will probably be gone by next week.
Between the basket-case national carriers on the sub-continent and the Gulf sisters across the water, Jet doesn't stand a chance. |
Originally Posted by crewmeal
(Post 10445677)
It would be a shame if Jet collapsed as they have a far superior product to Air India.
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Originally Posted by andrasz
(Post 10445732)
Far superior... ? I have had the misfortune to use both regularly on domestic and regional routes, I did not notice much difference, but perhaps AI was marginally better on punctuality and airport facilities (on board they were pretty much the same).
On almost every flight we'd have to boot deadheading pilots out of the Business Class seats we'd booked which normally caused an argument. Always felt guilty as they usually looked knackered and were only trying to find somewhere to grab an hours kip Granted this was about 15 years ago so things may have improved since then but the cleanliness, staff attitudes and punctuality were really quite poor from my recollection of them in the early 2,000's. For all those affected though I hope a positive resolution can be found. |
$1.2 Billion in Debt, another $3.0 billion in outstanding bill payments (Fuel 4 months salaries, Lessor charges, ground handling etc), a general election in progress with the main theme being crony capitalism, a promoter who with his savvy connections for the better part of 20 years created giant speed bumps in the industry for competition as well an environment that has one of the highest costs with one of the lowest per revenue seat yields & a government with red tape by the ton...it is very hard for anyone to even consider resurrecting this airline. They could start one afresh for a 10th of that amount with no baggage.
Having said that they did usher in a better service standard but lost the plot in 2008 when they had a hair brained scheme to buy a low cost & merge them. Having flown them a million miles sorry to see them go but glad the name when it goes will be untarnished by a hull write off or any loss of life. |
Well, sorry to burst your bubble, but they wrote of at least 1 ATR I’d not 2 and possibly a 737. Having said that, sad to see them go - worked there for a while and they treated me well |
but they wrote of at least 1 ATR I’d not 2 and possibly a 737 |
Originally Posted by Hotel Tango
(Post 10445955)
Any chance of an English translation to that?
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but they wrote of at least 1 ATR I’d not 2 and possibly a 737 |
Nothing sad Indian banks are reeling under non performing assets. They should have blown the whistle earlier. Jetairways made profit only in two years out of last eleven. The reality:
https://wap.business-standard.com/ar...1001230_1.html |
Another in a long list of Indian airline failures, or nearly failures. Kingfisher, Air India- the biggest of all, but keeps trading, Air Costa, Paramount, Deccan, Spice jet- died but resurrected, and many others. Killed by the reluctance of Indians to pay one extra rupee for a better product, or quicker service. Poisoned by the truly awful DGCA, who put the CAA to shame as an airline strangler. Still, Indigo and Vistara are doing nicely. Soon the Indians will have no choice but pay up, or don't go. |
Jet Airways halts all international flights.https://www.bbc.com/news/business-47905089 |
Corrupt nation, corrupt aviation authority, endemic corruption |
Kingfisher, round two....
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The sad thing about airlines going down the toilet in India, is that when salaries start coming late, the locals keep working- inexplicably. As things get worse, salaries get later and later, then stop coming at all. When the firm finally goes 'tits up' the employees have been working for months for no wages, often owed up to six months. It happens this way every single time. |
Originally Posted by Nomad2
(Post 10446427)
The sad thing about airlines going down the toilet in India, is that when salaries start coming late, the locals keep working- inexplicably. As things get worse, salaries get later and later, then stop coming at all. When the firm finally goes 'tits up' the employees have been working for months for no wages, often owed up to six months. It happens this way every single time. |
Originally Posted by AndoniP
(Post 10445991)
Translated - "but they wrote off at least 1 ATR if not 2, and possibly a 737"
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Originally Posted by Wannabe Flyer
(Post 10446487)
no Human cost......till now |
Not really a surprise. How anybody can run a business in such an environment like India is beyond me. The country is so crippled by bureaucracy and useless regulation that it is crumbling in every aspect. I’ve seen war zones in better shape than walking around even the wealthiest parts of their big cities like Delhi and Mumbai. The incredible part is how tolerant the Indians are of this. They are unfazed and seem completely oblivious by their surroundings. Proponents of big government should go and spend a day or two in India to show them how bigger government only cripples a nation. Best of luck to Jet Airways staff. If you can, try and get out of India. |
Suspect the Pilots won't have much difficulty finding jobs...albeit no in India
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Originally Posted by Twiglet1
(Post 10446590)
Suspect the Pilots won't have much difficulty finding jobs...albeit no in India
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Originally Posted by ATC Watcher
(Post 10446498)
Common ! What a statement !:*
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While reading that linked BBC article, my attention was caught by Jet is 24% owned by Etihad Airways, |
Originally Posted by golfyankeesierra
(Post 10448455)
While reading that linked BBC article, my attention was caught by Wow, those guys really have a nose for good investments.. is that tongue in cheek? |
Originally Posted by vilas
(Post 10448459)
is that tongue in cheek?
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Originally Posted by golfyankeesierra
(Post 10448455)
While reading that linked BBC article, my attention was caught by Wow, those guys really have a nose for good investments.. |
While one stands up another falls down - Jet Airways is the next kingfisher?
Aviation industry is like weather in tropical zone,, cannot predict at all and PESTEL factors have direct impact on this industry.
Now Jet Airways has cancelled all its int'l flights from 12th April due to lack of aircraft. Its passengers are stranded in multiple airports. How can some one rely on an airline when they have to attend for important business meetings and other important visits and appointments? |
If the Business Meeting is that important, you book with a solid reliable airline.
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However the sad loss of any airline is, those airlines with B737 MAXs must think this is manna from heaven!
CB |
Originally Posted by TSR2
(Post 10448845)
If the Business Meeting is that important, you book with a solid reliable airline.
I'm lucky in that my company normally seems to use BA for their flights (could be worse, could be better) but a previous company I worked for used to actively seek out the cheapest tickets irrespective of carrier. |
Which airline Brother, can you standby and make sure the flight go on schedule? Every Airline is given the approval to provide the service,and they are obliged to provide that service, nothing more and nothing less. |
Jet Airways have stopped operating. The presser says it's a temporary measure, time will tell.
https://www.jetairways.com/en/us/jet...-releases.aspx |
Statement from the CEO of Jet Airways
We are hopeful that we will be able to bring the Joy of Flying back to you soon. |
Sorry to see 9W fail. Enjoyed my 3 1/2 years there. Made a number of friends, both locals and expats. K. B. Menon, Mgr. of the Expat Cell, was a star. His word was good as gold. Hope they can resurrect. |
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