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Jet Airways plans global expansion
Wednesday, September 27, 2006 (New Delhi):
Jet Airways plans a "fairly rapid" expansion of its international network by launching services to US, Canada, China and other destinations
from next year, matching the new services with the induction of new aircraft in its fleet.
"We have already applied to the government for permission to fly to these new destinations. As the new aircraft we have ordered start joining our fleet, we will start these operations," said Jet Airways Chief Naresh Goyal.
Asked by when new international destinations would start being added to Jet's global route network, he said: "It depends on when we start inducting the new aircraft, may be by the middle of next year."
The aircraft deliveries from US major Boeing would start in 2007 and end by 2009. Jet would acquire 30 narrow and wide-bodied aircraft during this period, for which it has decided to raise $800 million through equity shares, foreign currency convertibility bonds and other instruments.
"Our growth in the next two to three years will be fairly rapid and our international operations overall will start contributing positively to our results as these operations mature," added Goyal.
Jet Airways has worked out major expansion plans to connect key destinations across the world, including the US, Canada, UK, China, South Africa, Kenya, Mauritius, China and Southeast Asia.
In Europe, it plans to launch services to cities like Rome, Zurich, Munich and Frankfurt.</u>
The airline has entered into various types of partnerships with major world airlines including Lufthansa, Qantas, Austrian Airlines and Thai. (PTI)
Fonte: http://www.ndtvprofit.com/homepage/storybusinessnew.asp?template=&whichstory=n&id=33750