Jet Airways bankruptcy and rebirth 2.0
#541
Join Date: Mar 2019
Posts: 10
Not just KLM, Etihad, Air france BA & Virgin et all has increased their lucrative LHR-DEL & BOM / BLR schedules last month by raking on 9W's voided-schedules on these routes.
Like they say, every loss is an opportunity to make profit for someone else.
Sadly, this airline is most likely not going to touch the clouds again.
Like they say, every loss is an opportunity to make profit for someone else.
Sadly, this airline is most likely not going to touch the clouds again.
#542
Join Date: Aug 2009
Location: EC-no-my class /last row
Programs: MHC/5280AGL ; list too long to be boastful ;-)
Posts: 97
Fyi, mcgiw👆
In the industry, the term is ‘juicy schedules’ - transfers used to happen more often during good old GDS days (between code share partners and their cash positions in FY to lease more assets) now the operators wait for bankruptcy (such as 9W’s) to take over.
#543
Join Date: Mar 2019
Posts: 10
https://www.independent.co.uk/travel...-a8923611.html
Fyi, mcgiw👆
In the industry, the term is ‘juicy schedules’ - transfers used to happen more often during good old GDS days (between code share partners and their cash positions in FY to lease more assets) now the operators wait for bankruptcy (such as 9W’s) to take over.
#544
Join Date: Aug 2009
Location: EC-no-my class /last row
Programs: MHC/5280AGL ; list too long to be boastful ;-)
Posts: 97
Qatar Airways has asked the Indian authorities to allow them to increase the number of seats on their flights to India. Qatar Airways has sought the addition of more seats on high volume routes such as Mumbai, New Delhi and Bangalore.
Source: https://www.businesstoday.in/sectors...ry/346818.html
#545
Join Date: Jul 2017
Programs: KrisFlyer Gold, Marriott & SPG Plat, Hilton Gold, ShangriLa Jade, Enterprise Plat, Taj Gold
Posts: 3,335
Most of the INT additions are from BOM & DEL. I don’t think BLR had too many INT destinations from 9W to begin with so not sure why there would be any serious capacity additions there.
#546
Join Date: Mar 2019
Posts: 10
At the moment, BLR is one of the fastest growing airport. The second runway is about to start functioning by Sept 2019. The 2nd terminal is about to be functioning by 2 years (I guess, if my information is right). Indigo is making BLR as its second hub after DEL; contract is already signed for this. With such major infrastructural expansions being on track, and with the recent shutdown of the daily 9W flight to AMS, I was expecting some good additions to its international fleet.
#548
Join Date: Feb 2010
Location: ORD
Programs: US Air, UA BA LH AI DELTA MARRIOTT CHOICE SGP
Posts: 9,883
#549
Join Date: Jan 2013
Programs: KFEG, UK Silver
Posts: 159
Suppliers drag Jet Airways to the bankruptcy court. If the petition gets admitted, I guess it will be the final nail in the coffin for Jet Airways.
https://economictimes.indiatimes.com...w/69718499.cms
https://economictimes.indiatimes.com...w/69718499.cms
#550
Join Date: Apr 2011
Location: Goa, India
Programs: Marriott Titanium, IHG Plat Ambassador, Hyatt Explorist, Qatar Gold, Vistara Gold
Posts: 1,292
Looks like the final nail in the coffin - https://www.businesstoday.in/markets...ry/355087.html
#551
Join Date: Jul 2017
Programs: KrisFlyer Gold, Marriott & SPG Plat, Hilton Gold, ShangriLa Jade, Enterprise Plat, Taj Gold
Posts: 3,335
EY played the Ross & Rachel - will they won’t they... will they won’t they so much that you knew they weren’t really serious about saving 9W at all.
They’re been clinically dead for quite some time now. There’s only the legal process to get through. Management’s jumped ship... no knights in shinning armour in the distance... SBICAP still don’t know who has put in EOIs... the bidders don’t know whom they’ve bid with... it’s a comical tragedy.
They’re been clinically dead for quite some time now. There’s only the legal process to get through. Management’s jumped ship... no knights in shinning armour in the distance... SBICAP still don’t know who has put in EOIs... the bidders don’t know whom they’ve bid with... it’s a comical tragedy.
#552
Join Date: Feb 2010
Location: ORD
Programs: US Air, UA BA LH AI DELTA MARRIOTT CHOICE SGP
Posts: 9,883
EY played the Ross & Rachel - will they won’t they... will they won’t they so much that you knew they weren’t really serious about saving 9W at all.
They’re been clinically dead for quite some time now. There’s only the legal process to get through. Management’s jumped ship... no knights in shinning armour in the distance... SBICAP still don’t know who has put in EOIs... the bidders don’t know whom they’ve bid with... it’s a comical tragedy.
They’re been clinically dead for quite some time now. There’s only the legal process to get through. Management’s jumped ship... no knights in shinning armour in the distance... SBICAP still don’t know who has put in EOIs... the bidders don’t know whom they’ve bid with... it’s a comical tragedy.
BTW did the Goyals leave India for LHR ?
#553
Join Date: Jul 2017
Programs: KrisFlyer Gold, Marriott & SPG Plat, Hilton Gold, ShangriLa Jade, Enterprise Plat, Taj Gold
Posts: 3,335
Naresh & Anita Goyal were prevented from flying to DXB on an EK flight in dramatic fashion - plane was called back while taxing for takeoff . So I assume they're in India and not going anywhere.
#554
Join Date: Feb 2010
Location: ORD
Programs: US Air, UA BA LH AI DELTA MARRIOTT CHOICE SGP
Posts: 9,883
Who doesn't feel for them? But at the end of the day they will pretty much have to go pound sand because because there's nothing anybody is going to do for them. It's very unfortunate because most corporations like ONGC and Citibank & HDFC and even SBI and the like won't get hurt by this... it's just the employees who earn 10-15k a month maybe less who will be hurt the most.
Naresh & Anita Goyal were prevented from flying to DXB on an EK flight in dramatic fashion - plane was called back while taxing for takeoff . So I assume they're in India and not going anywhere.
Naresh & Anita Goyal were prevented from flying to DXB on an EK flight in dramatic fashion - plane was called back while taxing for takeoff . So I assume they're in India and not going anywhere.
#555
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
Programs: LH SEN
Posts: 48,161
Everyone at Jet knew this was coming when the company defaulted on paying salaries last year. This was the point where people started looking elsewhere and left when they could. What remains are the rest that the industry has no interest in. Doing a sit in infront of anyones home is not really going to result in anything. Move on.