Sunday, May 4, 2014

Buzz- Seabury Report Will Determine Jet’s Future Plans

Neelam Mathews
May 4, 2014

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As Jet Airways turns 21, plans to start an all-business service between two metros have been put on hold as a Report by Seabury believed to have been commissioned by Etihad is awaited. The report, a source told AerospaceDiary will offer a complete evaluation of manpower, fleet utilization among others. “Till then, no major decision will be taken by Jet.”
Etihad, that has by now, a combined fleet of 250 including its tie-ups and partners, is already consolidating routes. AerospaceDiary learns it is looking at buying equity in an Asian and a US carrier! We are also hearing joint purchase agreements are being looked into, including MRO.
Meanwhile, three Air India B777s that are being bid will be likely sold to Etihad at $57.5 million- a part of the bilateral deal…….? Just speculating!

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