Jet Airways has launched its inaugural service to Riyadh, the capital and largest city of the Kingdom of Saudi Arabia, from the Indian financial capital of Mumbai complementing the airline’s existing daily Mumbai-Jeddah service. The airline offers four services a week on the Mumbai-Riyadh-Mumbai sectors utilising B737-800 aircraft. With the introduction of this new flight, Jet Airways now flies to eight cities in the Gulf, including Kuwait, Bahrain, Muscat, Doha, Dubai, Abu Dhabi, … [Read more...] about INDIA: Jet Airways launches inaugural Riyadh service
Wolfgang Prock-Schauer
India: Jet losing money but expects to top Air India
Jet Airway CEO Wolfgang Prock-Schauer is expecting another loss in the current financial year but believes the carrier will pass Air India in terms of revenue for the 12 months ending 31 March, 2009, to become India’s leadingairline. Jet, which lost US$100 million on US$2.3 billion in revenue for the yearended 31 March, does not expect to be profitable in the current fiscal year. All of India’s carriers are under pressure owing to overcapacity and farecutting as well as high … [Read more...] about India: Jet losing money but expects to top Air India
