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JET AIRWAYS: AN OVERVIEW AND EXPLANATION OF REGULATORY POLICY

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Essay / Research Paper Abstract

This 6-page paper provides an overview of Jet Airways (India), as well as an overview of airlines regulatory markets in India and Europe. Bibliography lists 10 sources.

Page Count:

6 pages (~225 words per page)

File: AS43_MTjetairwa.rtf

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Unformatted sample text from the term paper:

about 45 destinations throughout the country (Gilmer, 2009). The airline operates a fleet of mostly Boeing 737s (Gilmer, 2009). In addition to flying throughout India, the company has direct flights to cities in Asia, Europe and North America, and also extends its routes through code-sharing arrangements with Qantas and Brussels Airlines (Gilmer, 2009). In late 2008, Jet Airways formed an alliance with rival Kingfisher Airlines to gain strength in the domestic market and to reduce operating costs (Gilmer, 2009). This alliance has included code-sharing, frequent-flier programs, fuel purchasing and ground handling of aircraft, though the companies still operate as legal entities (Gilmer, 2009). Higher fuel prices and a weaker demand have caused the company to scale back on international expansion plans, however - once economic conditions improve, the company will add North America, Europe and Africa to its routes (Gilmer, 2009). Jet Airways has an interesting history; after entering the market in the early 1990s, the airline company changed Indian travel by introducing new planes, punctual flights and friendly service (Michaels, 2009). As a result, when the worlds carriers were struggling following the 9/11 terrorist attacks on the U.S., Jet Airways was able to hold its own and even earn a net profit of $33 million (Michaels, 2009). Jets IPO in 2005 was in the billions (Michaels, 2009). India and Regulatory Impact The Department of Civil Aviation, part of Indias Ministry of Civil Aviation and Tourism, oversees air transportation (India Airlines Industry, 2000). Because the industry is very much government-regulated, any new air transport service to be launched needs to have the approval of the Aircraft Acquisition Committee, which will either grant or ...

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