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in the domestic sector. It operates over 400 flights daily to 67 destinations worldwide. Its main hub is Chhatrapati
Shivaji International Airport, with secondary hubs at Delhi, Chennai, Bengaluru, Pune and Kolkatta.[1] It has an
Naresh Goyal (Hindi: नरे श गोयल, Punjabi: ਨਰੇਸ਼ ਗੋਯਲ, born December 23, 1950) is an Indian businessman and
founder Chairman of Jet Airways. He started operating Jet Airways in 1993. Following the 2005 IPO of Jet
Airways, Forbes magazine declared him the 16th richest person in India with a net worth of $1.9 billion.
He took over Air Sahara giving his company 32% of the Indian travel market.
He has over 25 years of experience in the civil aviation sector. Under his leadership, Jet Airways has emerged as one
of India's most preferred airlines.[citation needed] Following the bad times in the airline industry in the second half of 2008,
Naresh Goyal joined hands with his prominent rival Vijay Mallya's Kingfisher Airlines in October 2008, entering into an
agreement that would rationalize the operation of routes, sharing of codes, prices and availability, fuel management
and ground handling, thus making Jet Airways-Kingfisher not only the largest market player, but also enabling both
the airlines that would otherwise head for a collapse to economize and save. The Competition Commission of India
Contents
[hide]
1 History
o 1.1 Early years
o 1.2 Air Sahara
buyout
o 1.3 Present
identity
o 2.1 Head office
o 2.2 Subsidiarie
3 Destinations
o 3.1 Codeshare
agreements
4 Fleet
o 4.1 Retired
o 4.2 Livery
5 Services
o 5.1 Cabin
o 5.2 Airport
lounges
o 5.3 Frequent-
flyer program
6 Awards and
achievements
8 See also
9 References
10 External links
[edit]History
[edit]Early years
Jet Airways was incorporated as an air taxi operator on 1 April 1992. It started Indian commercial airline operations
on 5 May 1993 with a fleet of four leasedBoeing 737-300 aircraft. In January 1994 a change in the law enabled Jet
Airways to apply for scheduled airline status, which was granted on 4 January 1995. It began international operations
to Sri Lanka in March 2004. The company is listed on the Bombay Stock Exchange, but 80% of its stock is controlled
by Naresh Goyal (through his ownership of Jet’s parent company, Tailwinds). It has 10,017 employees (as at March
2007).[3]
Jet Airways
Type Public (BSE: JETAIRWAYS
Industry Transportation
Headquarters Mumbai, Maharashtra, India
Services Airlines & Aviation
Airline Catering & Foodservice
Services
Subsidiaries JetLite
Website JetAirways.com
Naresh Goyal – 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
In January 2006 Jet Airways announced that it would buy Air Sahara for US$500 million in an all-cash deal, making it
the biggest takeover in Indian aviation history. The resulting airline would have been the country's largest[5] but the
On 12 April 2007 Jet Airways agreed to buy out Air Sahara for INR14.5 billion (US$340 million). Air Sahara was
renamed JetLite, and was marketed between a low-cost carrier and a full service airline. In August 2008 Jet Airways
[edit]Present
In October 2008 Jet Airways laid off 1,900 of its employees, resulting in the largest lay-off in the history of Indian
aviation.[7] However the employees were later asked to return to work; Civil Aviation Minister Praful Patel said that the
management reviewed its decision after he analysed the decision with them.[8][9]
In October 2008 Jet Airways and rival Kingfisher Airlines announced an alliance which primarily includes an
agreement on code-sharing on both domestic and international flights, joint fuel management to reduce expenses,
common ground handling, joint utilisation of crew and sharing of similar frequent flier programmes.[10]
On 8 May 2009 Jet Airways launched its low-cost brand, Jet Konnect. The decision to launch a new brand instead of
expanding the JetLite network was taken after considering the regulatory delays involved in transferring aircraft from
Jet Airways to JetLite, as the two have different operator codes. The brand was launched on sectors that had 50% or
less load factor with the aim of increasing it to 70% and above. Jet officials said that the brand would cease to exist
According to a PTI report, for the third quarter of 2010, Jet Airways (Jet+JetLite) had a market share of 26.9% [12] in
terms of passengers carried, thus making it a market leader in India, followed by Kingfisher Airlines with 19.9% .
[edit]Effects of recession
expansion plans. Jet Airways was forced to lease out seven of its ten Boeing 777-300ERs to survive the financial
crunch. Due to the recession all flights to North America were operated on an Airbus A330-200 replacing the Boeing
777-300ERs. It also had to sell a brand new, yet-to-be-delivered Boeing 777-300ER in 2009 and had to defer all new
aircraft deliveries by at least two years. The airline plans to restore the Mumbai-Shanghai route by end the of 2011.[13]
Jet Airways's head office is the S.M. Center, a rented, unmarked six storey building in Andheri, Mumbai.[14][15] In 2008
Robyn Meredith of Forbes said that the complex was "as shabby as [Jet Airways CEO Naresh] Goyal's home is posh"
and that the complex was "in need of a fresh coat of paint". Meredith also said that the complex was 15 minutes
[edit]Subsidiaries
[edit]JetLite
JetLite was established as Sahara Airlines on 20 September 1991 and began operations on 3 December 1993 with
two Boeing 737-200 aircraft. Initially services were primarily concentrated in the northern sectors of India, keeping
Delhi as its base, and then operations were extended to cover all the country. Sahara Airlines was rebranded as Air
Sahara on 2 October 2000. On 12 April 2007 Jet Airways took over Air Sahara and on 16 April 2007 Air Sahara was
renamed as JetLite. JetLite operates a fleet of mixed owned–leased Boeing 737 Next Generation aircraft
and Bombardier CRJ-200ER.
[edit]Jet Konnect
Jet Konnect is the low-cost brand of India-based Jet Airways. It was launched on 8 May 2009, and shares the same
airline code and callsign as Jet Airways. It operates a mixed fleet of ATR 72-500sand Boeing 737-800s.
[edit]Destinations
Jet Airways serves 47 domestic destinations and 24 international destinations[16] in 19 countries across
Generation. ATR 72-500s are used only on domestic regional routes, while long-haul routes are served using
its Airbus A330-200 and Boeing 777-300ER aircraft. London, England was the airline's first long-haul destination and
Since 2007 Jet Airways has had a scissors hub at Brussels Airport in Belgium for onward trans-atlantic connections
[edit]Codeshare agreements
Airlines
In addition to the above, Jet Airways has frequent flyer agreements with the following airlines:[19]
Pacific M Airways
Lines hansa
[edit]Fleet
The Boeing customer code for Jet Airways is 5R. The airline is known for constantly maintaining its average fleet age
below 10 years with regular phasing out of aircraft which are over 10 years of age.
As of December 2010, the Jet Airways fleet consists of the following aircraft with an average age of 5.4 years:[20][21][22]
[23]
Passengers Notes
In Order
Aircraft
Service s
P J Y Total
0 18 23 254
6
10 6 owned
Boeing 737-700 11 0 0 16 118
2 5 dry leased
13
0 16 154
8
18 owned
Boeing 737-800 44 7
24 dry leased
16
0 8 170
2
13
Boeing 737-900 2 – 0 28 166 Both owned
8
Total 99 29
[edit]Retired
In service
Aircraft Operated Replacement Notes
from
Boeing 737-400 16 1995–2010 Boeing 737 Next Generation 12 were dry leased.
Total 28
[edit]Livery
1993–2007
Jet Airways Airbus A340-300E atLondon Heathrow Airport in 2005 with the 1993-2007 livery
Jet Airways Boeing 777-300ER with the present livery
Jet Airways' original livery was Navy Blue, Light Grey and Chrome Yellow. The top and bottom of the aircraft were
painted in light grey and had the flying sun logo in the navy blue background.
2007–present
Jet Airways' current livery was introduced in 2007.[26] The design retained the dark blue and gold-accented colour
scheme of Jet Airways' previous corporate identity, along with the airline's "flying sun" logo.[26] The new livery, created
with Landor Associates, added yellow and gold ribbons. A new yellow uniform was simultaneously introduced,
created by Italian designer Roberto Capucci.[26] Jet Airways introduced its new identity in conjunction with a global
[edit]Services
[edit]Cabin
[edit]Domestic & international short haul
Boeing 737 Next Generation aircraft are configured in and Economy Classes. Some Boeing 737s have and all
Economy Class cabin layout. The ATR 72-500have Economy class configuration only.
Première
The Première features 40-inch extra-wide seats with a personal Widescreen LCD attached to each seat. The
Economy Class
Jet Airways Economy class on its Boeing 737 Next Generation features 30-inch seat pitch with personal Widescreen
LCD behind each seat. Jet Airways was the World's first airline to introduce in-flight entertainment systems on
the Boeing 737 aircraft. The Economy class cabin is configured in a 3-3 abreast pattern on the Boeing 737 Next
With the arrival of its new Airbus A330-200 and Boeing 777-300ER aircraft, Jet Airways has introduced a new cabin
with upgraded seats in all classes. The Airbus A330-200 aircraft have two classes: Première and Economy. The
Boeing 777-300ER aircraft has three classes of service: First, Première (Business), and Economy. Jet Airways has a
three-star rated First and Business Class, and is in the top twenty-five business classes reviewed by Skytrax.
Economy class has been reviewed as a three-star product by Skytrax. Being a Full Service Airline, meals are served
First Class
First class is available on all Boeing 777-300ER aircraft. All seats convert to a fully-flat bed, similar to Singapore
Airlines first class seat but much smaller. It was the twenty-second airline in the world to have private suites. All seats
in First have a 23-inch widescreen LCD monitor with audio-video on-demand systems (AVOD), BOSE noise
cancelling headphones, in seat power supply, and USB ports etc. Jet Airways is the first Indian airline to offer fully-
enclosed suites on its aircraft; each suite has a closable door, making for a private compartment. Skytrax consumer
airline reviewers recently rated Jet Airways First Class as being 14th best in the world.
Première
Première (Business Class) on the Airbus A330-200 and Boeing 777-300ER international fleet has a fully-flat bed with
AVOD entertainment. Seats are configured in a herringbone pattern (1-2-1 on the Boeing 777-300ER, and 1-1-1 on
the Airbus A330-200), with each seat offering direct access to the aisle. Première seats on the A330-200s leased
from ILFC are configured differently in a 2-2-2 non-herringbone pattern. Each Première Seat has a 15.4-inch flat
screen LCD TV with AVOD. USB ports and in-seat laptop power are provided. All seats are standard recliner
business-class seats with a few newer aircraft with electronic recline and massager.
Economy Class
Economy class on Jet's A330-200/777-300ER aircraft has 32-inch seat pitch. Seats on the A330-200/777-300ER
have a "hammock-style" net footrest. The cabin is configured in 2-4-2 abreast on the Airbus A330-200, 3-3-3 on the
Boeing 777-300ER. Each Economy seat on the A330-200/777-300ER has a personal 10.6-inch touch screen LCD TV
with AVOD.
All three classes feature Mood lighting on the Airbus A330-200 and Boeing 777-300ER, with light schemes
[edit]In-flight entertainment
Jet Airways' Panasonic eFX IFE system on-board the Boeing 737-700/800 and Panasonic eX2 IFE system on-board
the Airbus A330-200/Boeing 777-300ER, called "JetScreen", offers audio video on-demand programming
(passengers can start, stop, rewind, and fast-forward as desired). It has over 100 movies, 80 TV programmes, 11
audio channels and a CD library of 125 titles. The system operates via individual touchscreen monitors at each seat,
[edit]Airport lounges
Jet Airways Lounges are offered to First and Première Class passengers, along with JetPrivilege Platinum, Gold or
Silver card members. The international lounge at Brussels has showers, business centre, entertainment facilities and
Bangalore, Brussels, Chennai, Cochin, Delhi, Hyderabad, Jaipur, Kolkata, Mumbai, Newark
[edit]Frequent-flyer program
Best First-Class Service in the World award at Business Traveller’s 20th annual ‘Best in Business Travel’
awards
Best Business Class & Best Economy Class at the Business Traveller Awards
Best Elite Level for the second year in a row, at the 21st Annual presentation ceremony of the Freddie
Awards 2008
Best Cargo Airline of North Asia by Cargo Airline of the Year Awards
Best Domestic Airline award for the 1st consecutive year and the 5th time in the past two years at the 18th
India’s Most Respected Company in the Travel and Food Sector by Businessworld 2003
Best Eastbound Airline from India and Best domestic Airline in India awards at the Abacus Tafi Awards
2009.
Age Below 35