Review of Jet Airways

By Vipin Agnihotri

Having started flights to the United States last year, Jet Airways have all the potential to become the world's best airline. Jet Airways at this moment of time has 90 planes -- Boeing 737s & 777s and Airbuses. In addition, the carrier has ordered 30 more planes for $2.5 billion.

Jet Airways employs 10,000 people and its revenue during the fiscal year 2006-07 was $1.4 billion. By 2011, the revenue of Jet can grow to $3.5 billion. In other words, Jet Airways as a brand is pretty much established.

Between Jet Airways and Jet Light, company has about 70 Boeings. Out of which, few are Airbuses. Company also has some 8 ATR. By next year, Jet Airways will have 120 planes. Of these, 20 planes are wide-bodied 777s while 10 are Boeing 737s. The domestic market of Jet Airways is growing by 40 percent. On the other hand, their international business is growing by 18 to 20 percent. In terms of statistic, the domestic revenue of Jet Airways was $1.1 billion in 2006-2007. The total revenue of the company was $1.4 billion.

The hub of Jet Airways is Brussels as there are no slots at the Paris, Frankfurt or Amsterdam airports. It is worth mentioning in this regard that these airports are very busy and very congested in the morning. But that is not the case with Brussels, which is a very friendly airport. More importantly, there's not too much traffic. Furthermore, the airport has the capacity to handle 30 million passengers.

In my opinion, Jet Airways has created the best model in India. Point to be noted here is that it connects the smallest towns in India. Thanks to their frequency, services, standards, Jet Airways are the first choice for anybody traveling in India and out of India.

The India Street Rating: 9/10

Suggested Reading:

• Review of Wikileaks.com
• Overpriced real estate markets in the world

Vijay Mallya, Amaron and Jet Airways in news

By Vipin Agnihotri

It has come into the notice of The India Street that Vijay Mallya led Kingfisher Radio is now in the possession of a 45.97 per cent stake in aircraft and air charter operator Deccan Aviation, post the open offer. It is worth mentioning in this regard that Mallya got 27.12 million shares in the open offer made to the shareholders of Deccan Aviation.

Point to be noted here is that the offer came after a preferential allotment of 3.52 million shares was made to UB Holdings, thereby giving the latter a 26 per cent stake in Deccan Aviation- fetching Deccan Aviation Rs 1.55 billion.

Amaron-

Battery maker Amaron has initiated a plan to set up 500 ‘Powerzone’ stores by the end of this year. According to sources, the new concept revolves around retail stores selling economically priced batteries for vehicles and invertors. In addition, the ‘Powerzone’ stores will also sell sourced electronic appliances.

If experts are to be believed, Amaron along with other battery manufacturers is reeling under tremendous cost pressures arising out of the rising cost of raw materials. Therefore, there is hardly a surprise that company is making plans to expand its capacity to 5.5 million units from the present capacity of 3.6 million units by June 2008.

Jet Airways-

Jet Airways is all set to offer comfort and luxury impressive to Jet’s first and premium passengers at the Brussels Airport during their transit period. The lounge is designed by the prominent architecture and design firm SOM. The lounge will take care of the passenger’s entertainment needs via a media wall and a reading room.

Furthermore, passengers will have access to Internet, printer and fax. With such attractive facilities, it’s time for frequent fliers to fly the Jet way.

Suggested Reading:

• OpenSocial and the Google Gphone – The Next Gold Rush?