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Slashing fleet, cutting staff, Jet Airways aiming to shrink towards profitability

7-May-2009

Jet Airways has been busy cutting capacity and improving load factors over recent months, but the scale of the downturn in passenger traffic, both on domestic and international sectors, is forcing it to re-evaluate and redouble its efforts to cut costs and reduce capacity. [1692 words]

Unlock the following content in this report:

Subheadings:

  • Domestic capacity reduction in planning
  • Serious structural reform needed: Profitability not market share
  • Prices up as Indian carriers increase fuel surcharges
  • New routes
  • New international codeshares
  • Air France-KLM looking at Indian codeshare partners
  • Domestic codeshareing still under evaluation

Graphs and data:

  • Jet Airways International ASKs (mill), RPKs (mill) & load factor (%): Apr-08 to Feb-09
  • Jet Airways International ASKs (mill), RPKs (mill) & load factor (%): Apr-08 to Feb-09
  • Jet Airways domestic market share (%): Jan-06 to Feb-09
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