Jet, Etihad partnership delivers strong results for Indian carrier.
The investment of Etihad Airways into Jet Airways is claimed to be delivering strong results for both airlines across areas, including network growth, revenue enhancement and operational and cost improvements, senior executives from the airlines say. Speaking at a media conference in Mumbai, Jet Airways' Chairman Naresh Goyal, Etihad Airways' President and Chief Executive James Hogan, and Jet Airways' Chief Executive Cramer Ball, said the two airlines together now offer more flights to and from India than any other airline, with a 21 percent share of the country's booming international air travel market. Since Etihad Airways' 24 percent investment in Jet Airways was finalized in November 2013, the two airlines have increased from nine to 15 the number of direct routes between India and Abu Dhabi, introduced wide-bodied aircraft on key routes, and increased to multiple daily flights in some markets. Addressing the media, Goyal, Hogan and Ball said that the airlines now offer a combined total of 40,000 seats each way, each week between India and Abu Dhabi. This has resulted in more choice and better connectivity for travelers. Goyal said: "Together with Etihad Airways, we now operate over 4,300 international flights a month and more flights to/from India than any other airline." Hogan said: "Before our equity deal with Jet Airways, we had two percent of the international traffic out of India. Today, with Jet Airways, we have 21 percent of the market, and combined, we are the dominant carriers out of India." In the first six months of 2015 Etihad Airways transferred more than 235,000 guests onto Jet Airways' network into India through its codeshare partnership, with Jet Airways providing 182,000 guests onto the Etihad Airways network. Other members of Etihad Airways Partners are Etihad Airways, Alitalia, airberlin, NIKI, Air Serbia, Air Seychelles and Etihad Regional.
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