Jet Airways
Airline Code: 9W
About Jet Airways:
Jet Airways was incorporated as an air taxi operator on 1 April 1992. It started
Indian commercial airline operations on 5 May 1993 with a fleet of 4 Boeing 737-300
aircraft. In January 1994, a change in the law enabled Jet Airways to apply for
scheduled airline status, which was granted on 4 January 1995. It began international
operations to Sri Lanka in March 2004. While the company is listed on the Bombay
Stock Exchange, 80% of its stock is controlled by Naresh Goyal (through his ownership
of Jet’s parent company, Tailwinds, and has 10,017 employees (at March 2007).
Naresh Goyal, who already owned Jetair (Private) Limited, which provided sales and
marketing for foreign airlines in India, set up Jet Airways as a full-service scheduled
airline to compete against state-owned Indian Airlines. Indian Airlines had enjoyed
a monopoly in the domestic market between 1953, when all major Indian air transport
providers were nationalised under the Air Corporations Act (1953), and January 1994,
when the Air Corporations Act was repealed, following which Jet Airways received
scheduled airline status.
Jet Airways and Air Sahara were the only private airlines to survive the Indian
business downturn of the early 1990s. In January 2006, Jet Airways announced that
it would buy Air Sahara for US$500 million in an all-cash deal, making it the biggest
takeover in Indian aviation history. The resulting airline would have been the country's
largest but the deal fell through in June 2006.
Jet Airways Major Hubs:
(Primary Hub)Brussels Airport
(Secondary Hub) Indira Gandhi International Airport
Codeshare: Jet Airways has codeshare agreements with the following airlines
Air Canada
All Nippon Airways
American Airlines
Brussels Airlines
Etihad Airways
Jet Lite
Malaysia Airlines
Qantas Airways
Member lounge: Jet Lounge
Aircraft Type:
ATR 72-500
Fleet Size: 29
No. of Destinations: 40+
Airline was founded in: 2002