jet airways

Tag Archives for jet airways.

India’s Jet Airways is Done

jet airways plane
Apr 17 2019

The largest private airline of India, which had a fleet of over 120 aircraft, is being grounded amidst debts to lessors, fuel suppliers, pilots, and banks. There’s talk that this is ‘only temporary’ but once shut down airlines rarely start back up (and it’s pretty much never a good idea for them to). At most branding gets purchased out of the ashes and a new carrier with a new business model might operate under the old name.

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Frequent Flyer Program for Sale: Blackstone May Buy Stake in Jet Airways JetPrivilege

jet airways plane
Aug 15 2018

While both Etihad and Jet Airways would retain stakes in the program after a deal with Blackstone it’s not clear the relative shares each party would give up. For Etihad even a partial sale would them out of their worldwide expansion, which they’ve retrenched from after losing their shirts in Alitalia and air berlin. For Jet Airways it would provide them desperately-needed cash.

Reportedly the deal would value the program at $429 – $569 billion, which is 43% – 90% higher than in 2013. At the same time though membership in the program has grown 220% during that period so its value would be lower on a per-member basis.

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How Qatar Airways May Protect American Airlines Profits Across the Atlantic

inside qatar plane
May 02 2018

Qatar Airways is the largest owner of IAG, parent company of British Airways, Iberia, Aer Lingus, and Vueling. When british Airways was confronted with strikes Qatar lent Airbus narrowbodies with their much better product, to the surprise and delight of BA customers used to a lesser product.

Qatar says they may come to BA’s rescue again as work is done on the Heathrow-based carriers Boeing 787s due to issues with the Rolls Royce engines on the aircraft type.

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