Company Watch - Jet Airways.

Sep 17, 2007

India's Jet Airways will be able to fly to selected destinations in the Gulf from January 1, the civil aviation ministry said in a statement on Sept. 14. Jet had applied for rights to fly to Kuwait, Oman, Qatar, Bahrain, Dubai and Abu Dhabi on July 18, the statement said, adding that the final two locations were still under consideration. It gave no further details. Jet will fly from New Delhi, Mumbai and Kerala. Sep 14, 2007

Indian carriers are currently entitled to 85,481 seats per week on Gulf routes, of which they are using 58 percent, the ministry estimates. Jet Airways already flies to South and southeast Asia, the United States, Canada, London and Brussels and plans to add more routes to Europe and North America. It aims to get half its total revenue from overseas operations by 2009 as the domestic market becomes increasingly competitive. Sep 14, 2007

Jet Airways, in India, expects to sell 300 tour packages and 500 air tickets during its three-day Incredible India Travel Fair. The fair, a joint effort with India Tourism, will feature special tour packages and 15% to 20% discounts on standalone air tickets to India. Jet Airways regional vice-president Gerry Oh said the fair, which started yesterday and ends on Thursday, was expected to attract some 2,000 visitors. The airline currently operates more than 340 flights daily to 44 destinations within India. Its long-haul destinations include Kuala Lumpur, Singapore, London, Bangkok, Colombo, Kathmandu, Brussels, New York and Toronto. Sep 12, 2007

JetBlue Airways added the title of president to COO Russ Chew, who joined the carrier from US FAA in the wake of the February operational difficulties at New York JFK. "Since Russ joined our team, we have established the right foundation for continuous improvement," CEO Dave Barger said. Sep 13, 2007

JetBlue Airways said August passenger RASM increased 15% year-over-year as it flew 2.51 billion RPMs, a 13.4% gain over the year-ago month. Capacity rose 9.8% to 2.91 billion ASMs and load factor improved 2.7 points to 86.4%. Sep 10, 2007

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