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Company Watch - Jet Airways.


Jan 8, 2007

Jet Airways Jet Airways (India) Ltd. is an airline based in Mumbai, India, operating domestic and international services. It operates over 330 daily flights to 50 destinations across the country and 6 overseas.  has flights from India to London, Singapore, Kuala Lumpur Kuala Lumpur (kwä`lə lm`pr), city (1990 est. pop. , Colombo, and Kathmandu. The 13-year-old airline said in a statement it planned to expand its current fleet to 89 aircraft by March 2009 from 60 now. Jet Airways would finance its current and future aircraft purchases by a combination of its own internal funds internal funds

Funds that are raised within a firm. For example, income after taxes and noncash expenses, such as depreciation, provide a firm with funds to use in the acquisition of investments.
, commercial loans and possible future share floats, Goyal said without giving further details. Jan 9, 2007

Jet Airways, India's biggest domestic airline, said it will expand its international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee.  with new flights to Bangkok in late January and flights to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  later this year. Jet Airways said on Tuesday it plans to launch a regular US service in August, flying to Newark, New Jersey, and to San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  via Shanghai in October, executives said. The airline will use eight new Boeing 777s and five Airbus A330s, already ordered, on its international routes this year on top of six Boeing 737s for its Indian domestic service, chairman Naresh Goyal Naresh Goyal (नरेश गोयल) is the 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  told reporters. Jan 9, 2007

Jet Airways, is investing USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$2.5 billion in new aircraft and training over the next three years and has said it would cut costs through greater on-line ticket sales and better staff management. Jan 9, 2007

Jet Airways raised USD$434 million in an initial public offering in 2005. It reported a USD$26 million loss for the six months ended September 30 after years of healthy profits. Jan 9, 2007

Jet Airways flies to destinations in south and southeast Asia and Britain, and expects to fly to New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 from August. It is also looking to add destinations in China, Europe and the Middle East. It expects half its total revenue to come from international operations by March 2009. Jan 2, 2007

Jet Airways purchases eight Boeing 777s and expects to take delivery between July 2011 and December 2012. No engine choice was indicated. Boeing confirmed the order and said the aircraft are valued at more than $1.5 billion at list prices. Jet Airways said it has the option to substitute "other models" under the purchase agreement. It already has 10 777-300ERs and 12 Airbus A330-200s on order and will begin taking delivery of those in April. It currently operates 46 737s. Jan 3, 2007

Jet Airways Orders 10 Boeing 787s. India's biggest domestic airline, Jet Airways, said on Tuesday it had purchased 10 Boeing 787-8 aircraft to support its international operations. The wide-bodied 787s are scheduled for delivery between July 2011 and December 2012, Jet said. Jet had executed the order for the aircraft "in late 2006," a senior company official said, in a deal valued at between USD$1.48 billion - USD$1.58 billion at current list price. Boeing has said it expects India would need 856 new jet aircraft worth more than USD$72 billion over the next 20 years because of a booming economy and greater travel. Jan 2, 2007

JetBlue Airways launched its Chicago O'Hare service yesterday. It will offer five daily flights to New York JFK and twice-daily service to Long Beach. ORD is the carrier's 50th destination. "Chicago consistently ranked No. 1 on our customers' wish list of destinations," CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  David Neeleman said. Jan 5, 2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com

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Jan 1, 2007
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Publication:Airguide Online
Date:Jan 8, 2007
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