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Jet Airways on expansion spree

posted November 9, 2006 - 11:55am
Jet Airways on expansion spree

Jet Airways, India's largest domestic airline, is eyeing for international operations, due to tough competition from domestic airlines.
Jet Airways has about 40 percent of the fast-growing domestic aviation market, is looking for destinations in South Africa, Canada, the Gulf and China, it is noted.
South East Asian region is a growing market and very profitable, Jet Chief Executive Wolfgang Prock-Schauer revealed.
International operations, which account for 17 percent of Jet's overall revenue come from international operations, will make up half of its revenue by 2008/09 when Jet has added new aircraft to its fleet and more overseas routes, Prock-Schauer said.
The company is investing $2.5 bn in new aircraft and training over the next three year and has said it would cut costs through greater online ticket sales and better staff management.
Domestic aviation market is to grow at about 20 percent a year over the next five years. Discount carriers including Deccan Aviation and SpiceJet are competing for a bigger share of the market.
Jet flies to Britain, Singapore, Kuala Lumpur, Colombo and Kathmandu and is awaiting regulatory approval to fly to the United States.

...fly Port Blair, Bangkok soon
The Country's largest private airline, Jet Airways is starting direct flight to Port Blair and Bangkok, in a bid to expand its operation in eastern India .
Jet Airways will operate a daily flight to Port Blair from November 11, an early evening flight to Delhi from December 1 and a daily flight to Bangkok from January 18, 2007 from Kolkata, Jet Chief Executive Officer Wolfgang Prock-Schauer told a press conference.

The Kolkata-Port Blair flight had been fully booked for the next three months, it would also operate a Delhi-Bangkok flight from the same date, he added


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