Jet and the Star Alliance. Will they / Won't they?
#211
Join Date: Nov 2009
Programs: UA Mileage Plus: Premier Silver
Posts: 340
EY currently has a grand total of 5 codeshares with ST, none more are forecasted so far, and this does not guarantee they will enter the alliance, neither Hogan has expressed any intention to, therefore arguing that 9W will enter ST due to this share purchase is stretching the facts a lot IMHO. I am more in agreement to previous post statement, but then I guess 9W is not exactly thrilled to be involved in an alliance partnership with Lufthansa.
http://www.kippreport.com/2012/10/we...kyteam-etihad/
Sure Jet Airways could join skyteam, but they could have joined 3 years ago. If relations between Etihad and Air France continue to warm, that may change, but as it stands there's little reason for Etihad to do AF such a huge favor.
#212
Join Date: May 2004
Location: US
Programs: UA Lifetime Gold, IHG Gold, Marriott Gold
Posts: 973
Jet has asked Ministry of Civil Aviation permission to join Star, however AI is till opposing it. It will be interesting to see what Etihad thinks about it. Still EY only owns 24%, and Jet is free to do what it needs to be profitable.
#213
Join Date: Sep 2005
Location: BOM-SIN-EWR
Programs: UA*G (1K again), Sixt Plat, *was*: SQ QPP01 & SK EBS/EBG, LH SEN, AA EXP, 9wPlat
Posts: 8,606
All my domestic flights are chock-a-block, that's for sure!
#216
Join Date: Feb 2004
Location: bombay
Posts: 1,408
#217
FlyerTalk Evangelist
Join Date: Sep 2003
Programs: BA Silver, EY Gold, HH Diamond, IHG Plat
Posts: 12,210
Here we go again. Didn't they ask a few months ago too? This is all media speculation to raise share prices and get investors interest.
#218
Join Date: Sep 2005
Location: BOM-SIN-EWR
Programs: UA*G (1K again), Sixt Plat, *was*: SQ QPP01 & SK EBS/EBG, LH SEN, AA EXP, 9wPlat
Posts: 8,606
#219
Join Date: Feb 2004
Location: bombay
Posts: 1,408
I don't know about minting, but I have heard some chatter about lala-lali and their routing the money through a personally-owned company to keep a lot of it for themselves. I don't know how true that is and, even if it were, if we should be seeing Jet post thousands of crores of profit.
What there is no disputing is that their marketshare has gone down considerably, their quality standards are, comparatively, very nearly abysmal and that they have been dropping destinations at a furious rate and that they're desperate to grab every paisa they can at any cost.
Of course, all those things don't have to imply a drop in profitability; could just be the opposite.
Originally Posted by Indian Express
I've been such a clueless JetFail
Etti baby, and hurry with the money, alright
Etti baby, I will move to Abu Dhabi, for you
O my knight in shining armour
Though you don't know what you're getting into
Etti baby, and hurry with the money, alright
#220
Join Date: Sep 2005
Location: BOM-SIN-EWR
Programs: UA*G (1K again), Sixt Plat, *was*: SQ QPP01 & SK EBS/EBG, LH SEN, AA EXP, 9wPlat
Posts: 8,606
Based on the loads I have seen, it is probably true - I have heard the same...
#221
FlyerTalk Evangelist
Join Date: Sep 2003
Programs: BA Silver, EY Gold, HH Diamond, IHG Plat
Posts: 12,210
#223
FlyerTalk Evangelist
Join Date: Sep 2003
Programs: BA Silver, EY Gold, HH Diamond, IHG Plat
Posts: 12,210
#224
Join Date: May 2004
Location: US
Programs: UA Lifetime Gold, IHG Gold, Marriott Gold
Posts: 973
With EY in the mix, Jet will not join any alliance until EY decides and until the investment of EY is final.
Even if they join it now appears it could be Skyteam rather than Star.
Even if they join it now appears it could be Skyteam rather than Star.
#225
FlyerTalk Evangelist
Join Date: Sep 2003
Programs: BA Silver, EY Gold, HH Diamond, IHG Plat
Posts: 12,210
I feel its even more unlikely now. Why would EY allow this when they are not a part of any alliance.