THE WALK TO THE ALTAR What the Jet-Etihad marriage could mean
JET AIRWAYS ETIHAD AIRWAYS Ownership pattern Promoter - 80 (Tail Winds Ltd 79.99, Set up by Royal Decree (2003) Naresh Goyal 0.01); Public - 20 Market cap ~4,800 crore Private company Fleet size 96= 21 wide bodies + 67 planes = 44 wide bodies + 17 narrow bodies + 60 narrow bodies + 15 ATR 6 freighters (90 on order) Network Destinations 21 international + 53 Indian 85 destinations - 35 codeshares give it a combined passenger network of 327 destinations, and over 11,600 flights per week, more than any other West Asia airline Weekly flights Domestic Around 2,200 services/week (Oct data) 59 services/week to India International Around 680 services/week (Oct data) 1,241 flights per week International Middle East-10 Asia-6 Europe-3 Middle East & Central Asia-14, Asia 35, Europe-13, destinations spread North America-2 Africa-6, Autralia-2, North & South america-5 Code share partners Etihad, Air Canada, Kenya Airways, 35 codeshares- Jet Airways,KLM, American Airlines, Malaysia Airlines, American Airlines, Air France, Virgin Australia,Turkish Airlines, Qantas, All Nippon Airways, Middle East Airlines,Brussels Airlines, Brussels Airlines, United Airlines Vietnam Airlines, Saudi Arabia Airlines (main ones) Market share Domestic 23.80% Not applicable International 14.30% 1.76 % (flights from India) Hub Primary hub Mumbai (Chattrapati Shivaji Abu Dhabi International Airport International Airport) Secondary hub Brussels /Bangalore, Chennai, Delhi, Kolkata, Pune Equity investment in NIL Airberlin(29.21%), Air Seychelles(40%), Virgin Australia (10%)and Aer Lingus (2.98%) Source: company website; compiled by Disha Kanwar & Aneesh Phadnis