Jet AirwaysJet Airways flights operate with their main base at Chatrapati Shivaji Airport Mumbai; they also have many Hubs in many important airports across India like Indira Gandhi International Airport New Delhi, Netaji Subhash Chandra Bose Airport Kolkata and one each at the International Airports in Chennai and Bangalore. JetAirways flights started operating on 1994 with a total fleet strength of 4 Boeing 737s but in the coming year a sudden change in the Airlines regulation and control laws allowed JetAirways to operate as a scheduled airliner.
JetAirways' owner Naresh Goyal holds around 80 Percent of the Share of the firm and also follows a unique brand leasing method. Under this brand leasing structure the Jet Airways Brand is leased to Jet Airways by Jetairways Enterprises Ltd. which is again under the ownership of Naresh Goyal as well. This arrangement gives additional protection to JetAirways in the event of a Hostile takeover as the company taking over Jet airways won't have the rights to the brand name" JetAirways " which may affect the value of the firm as a whole.
Jet Airways has recently taken over Air Sahara which puts their total share of the Indian Aviation Market above 32 percent and may be even more. Jet Airways flights cater to 6 international destinations and 50 destinations in the Indian Domestic sector. Jet Airways flights add up to 300 or more everyday. This shows the high volume of business in the domestic sector itself. In the coming year with the large number of new aircrafts arriving the volume of Jet Airways flights can only increase further.
|
