by Vinay Bhaskara JetLite continues to be a (modest) bright spot in Jet Airways’ broader operations. The low cost wing of Jet Airways, which was recently merged with the JetKonnect brand to streamline low cost operations, reported a net post-tax profit of Rs. 6.9 Crore, down from Rs. 11.7 Crore a year prior. An increased…
Talk about irony. In March this year, Dr. Dinesh Keskar and Bangalore Aviation were discussing the double digit, yet profitless growth occurring in the Indian airline industry. Less than six months later, air traffic continues its fifth consecutive month of decline. Within, just the third calendar quarter, (second quarter of the fiscal year 2012~13), air…
This is an interesting snippet and for the interest of plane spotters. At present, the two leading airlines in India are Jet Airways and IndiGo; and they also happen to be aggressively adding aircraft to their fleet. By sheer coincidence, the registration sequences for the new aircraft for both these airlines happen to be very similar.…
The image above shows the load factors at each of India’s airlines. Considering that Kingfisher has shrunk so much, it is surprising that their seat factor has not elevated past its pre-downsize levels. The image above shows on-time performance for April. Two interesting things to note about the data. First, Kingfisher’s OTP has come back…
On the sidelines of the India Aviation 2012 show at Hyderabad, Devesh Agarwal had an exclusive one-on-meeting interview with Dr. Dinesh Keskar, President, Boeing International Corporation India Pvt. Ltd., and Senior Vice President of Sales, Asia-Pacific and India, Boeing Commercial Airplanes. Dr. Keskar also chairs the Committee on Aviation at the Federation of Indian Chambers of…
Rishul Saraf and Devesh Agarwal India’s largest domestic airline Jet Airways, has announced a unification of its two low cost brands JetLite and Jet Airways Konnect to be called JetKonnect from March 25, 2012. As per the airline, a “gradual rebranding” of the JetKonnect brand will commence on March 25, manifesting itself on letterheads, the…
Will the majority of future of India-Gulf flights go through Dubai? The first 9 months of 2012 will see a major re-shuffling by India’s airlines on the heavily trafficked India-Gulf sector, as airlines respond to higher fuel prices and a poor regulatory environment, and Air India continues to re-align its network strategy. Air India will…
TURBOCHARGING JET AIRWAYS PART 1By Rishul Saraf Jet Airways is a pioneer in Indian aviation. From the earliest stages of India’s economic liberalisation, with a fleet of just four Boeing 737-300 and 737-400, Jet Airways grew to reach a fleet size of over 92 aircraft, by 2008, and become a dominant force in Indian aviation.…
India has the world’s fastest growing airline sector – yes faster than even the Gulf, much of whose traffic is again driven by India. Year on year growth is 17%. Despite this, in its 100th year, the civil aviation sector in India is in near total financial chaos. Air India is a political plaything that…
This is the final carrier-specific financial analysis for Q1, covering JetLite. The overall market picture will be studied in a separate analysis. Previous Analyses: Jet Airways, Kingfisher, SpiceJet Despite the positive results shown by its parent carrier Jet Airways in the face of rising fuel costs, low fare carrier JetLite succumbed to domestic competitive pressures,…
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