JetAirways: A Strong Player In The Indian Skies
The last few years have seen many private entrepreneurs set up their own airlines in India. Among the well-known ones is JetAirways that today is a major player in the domestic market. The management of the airline has been smart enough to realize the potential in the market and accordingly designed plans and implemented them efficiently. The airline has also gone in for a planned expansion from time to time in order to increase frequency on profitable routes as well as be operational on new routes.
The story of JetAirways has been one of slow and steady progress. It is today the biggest private airline in India in terms of infrastructure and passengers carried which is a major achievement. The staff and management working together and putting in their best effort all the time have achieved this. The airline since its inception has adopting latest technological system to achieve operational excellence. Added to this is the adherence to high quality and safety standards, which has impressed passengers and critics alike.
The economic downturn in the recent past has posed some challenges to the airline. However, the airline has rolled out special offers for regular as well as new passengers to gather more revenue. The rising cost overheads have been the biggest factor behind the decreasing profitability. In order to tide over this the airline has gone for stake sale to another international airline that will bring it the much-needed fresh capital. The fresh investment is all set to take the airline even higher into the Indian as well as foreign skies!
