JET Airways cancels all international flights

[jimntx]

Another one bites the dust. Maybe, probably.

https://www.cnn.com/2019/04/12/business/jet-india-international-flight-scli-intl/index.html

 

[Kev3188]

Definitely likely.

 

[swamt]

Yes. Probably won't be long now. Agree.

 

[robbedagain]

Im actually surprised their still flying.

 

[robbedagain]

Jet Airways is out gone so sad.

 

[jimntx]

Jet ceased operations yesterday, but this is supposed to be temporary while they search for emergency funding. We'll see. Despite the government asking large banks in India to provide such funds, the banks declined to lend the airline any money.

https://www.newsweek.com/jet-airway...ine-suspends-operations-after-running-1399766

 

[swamt]

Jet ceased operations yesterday, but this is supposed to be temporary while they search for emergency funding. We'll see. Despite the government asking large banks in India to provide such funds, the banks declined to lend the airline any money.

https://www.newsweek.com/jet-airway...ine-suspends-operations-after-running-1399766

Well, buffet wanted to buy an airline, maybe he should step up. LOL.

 

[jimntx]

It could be a substantial start-up operation. According to the link I provided in Post #6, Jet has 123 airplanes, but has only been flying 6 of them recently. 123 a/c certainly would not make a world leader, but it ain't small potatoes either.

 

[swamt]

Gotta start somewhere. Heck SWA started with 3, 2- 737's and 1- 727. Now we got 750 plus.
Starting with 123 would be a great start. Second question is, how cheap could someone get them for?
Maybe SWA could swoop in and pick up their NG 737's. They have 111 of them according to chart. Maybe try the 777?


Boeing 737 Next Gen
Boeing 737-700
Boeing 737-800
Boeing 737-900
Boeing 737-MAX 8

88
8
69
4
7

23
8
15

111





Boeing 777
Boeing 777-300

10
10

16
16

26


Total 0
Some photos for this airline

 

[jimntx]

Interesting post-mortem of what Jet Airways management did and did not do to keep the airline flying (mostly they assumed, incorrectly, that Etihad's investment in Jet meant that Etihad would step forward and pick up the bills for Jet.) Also some interesting comments about what loss of Jet as a customer means for Boeing.

https://seekingalpha.com/article/42...ust?li_source=LI&li_medium=liftigniter-widget

"During the Q1 2019 call, Boeing confirmed that orders from Jet Airways have been scrapped; This includes 75 Boeing 737 MAX aircraft transferred to Boeing Capital Corporation at an earlier stage, 125 Boeing 737 MAX directly ordered by Jet Airways and 10 Boeing 787-9s valued $11.9B." Ouch!

 

[swamt]

AS long as the Max 8's get back in the air, pretty sure SWA will take some. I believe I have read where we have forward looking leases and reserves at 383 Max orders.
And as the article below states we might even look at someone else in the future.

Southwest Airlines CEO says carrier might not always be all-Boeing