Jet Airways owned by Naresh Goyal,  major airlines of India based in Mumbai posted a net profit of Rs 8.5 crore for the quarter ended June, against a loss of Rs 223 crore in the year-ago period. Jet Airways posted a net profit of Rs 3.5 crore, against a loss of Rs 225 crore a [...]

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News Source – Deccanherald
Though the industry is not raking in huge profits, they are nevertheless reducing losses significantly, writes B S Arun

After seeing their earnings touch rock-bottom owing to a series of issues including the recent worldwide recession, there seems to a faint light at the end of the tunnel for the airlines industry both [...]

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After a turbulent spell Jet Airways looks at a turnaround

Continue reading " After a turbulent spell Jet Airways looks at a turnaround "

Jet Airways carried 8.69 lakh revenue passengers in May 2010, registering a buoyant 41.2 per cent increase as compared to the same period last year. The seat factor for Jet Airways’ domestic operations also stood at 82.5 per cent, a marked improvement over the same period last year and also a ten per cent increase [...]

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The tag of having one of the riskiest runways (barely 1954m long) notwithstanding, the city’s Jayaprakash Narayan International Airport has emerged number one in 2009-10 among 46 airports in the country in terms of percentage growth of domestic passengers as well as domestic aircraft movement.
According to Patna airport director Arvind Dubey: “Introduction of low-cost [...]

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Jet Airways celebrated the fifth anniversary of its London operations on 23rd May 2010 with special in-flight birthday cake. First and Premiere Class guests were served cake on the three Mumbai and Delhi flights departing ex London Heathrow on 23rd May, whilst Economy Class guests enjoyed mouth-watering Lily O’Briens chocolates, accompany by a glass of [...]

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A month after work on a tunnel road under IGI Airport’s main runway began, the project has hit a roadblock. About 2.8 acres of land required for providing access to the six-laned, 1.5-km-long tunnel road — that will link the Dwarka roundabout near the domestic airport to the international terminal — belongs to the armed [...]

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News Source – http://www.business24-7.ae
Dubai carrier loses $11 million a day in lost business and passenger accommodation, as volcano creates chaos.

By

Shweta Jain and Sachin Dave

Published Monday, April 19, 2010

Carrier has 20 per cent of its fleet grounded. Cancellation and accommodation costs running into millions for other global airlines. (SUPPLIED)

Emirates has so far incurred a total loss [...]

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The strong economic recovery in India has given wings to Indians. March, a traditionally weak travel month due to exams, saw an impressive 21.2% growth in domestic air travel with 39 lakh fliers taking to skies compared to a figure of 32.2 lakh in the same period last year. Also the January-March quarter saw a [...]

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Jet Airways, the country’s largest airline by passengers, is likely to breakeven at net profit level in both domestic and international sectors in the first quarter of this fiscal, according to an HSBC analyst.
In a note to clients on Tuesday, Sachin Gupta, analyst, HSBC Securities and Capital Markets, said, “The company (Jet) expects the supply [...]

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