Insta
Air India Flies To Jet Passengers’ ‘Rescue’: Airline Offers ‘Special Stranded’ Fares For International Flyers
Swarajya Staff
Apr 19, 2019, 02:10 PM | Updated 02:10 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
India’s national carrier Air India on Thursday (18 April) announced a ‘rescue’ offer under which stranded international passengers of Jet Airways will be able to avail special fares on its platform, reports The Hindu BusinessLine (BL).
On 17 April, Jet Airways management decided to suspend all flight operations temporarily. The financially-stressed private airline was troubled with a severe cash crunch and mounting debts. In the last few weeks, it had only 30-40 operational planes.
Due to the grounding of planes, many passengers who had booked tickets on Jet Airways in advance were left stranded. In response to this, the civil aviation ministry issued a directive to other airlines to consider ways to offer “rescue fares” for such passengers.
Subsequently Jet Airways passengers flying to overseas airports such as Paris, London Heathrow, Singapore, Dubai, Hong Kong, Abu Dhabi, Jeddah, Dammam, and Muscat, have been offered “special stranded” fares by Air India.
The Rise And Fall
Launched in 1993 as an air-taxi operator, Jet Airways became the largest Indian Airline in the third quarter of 2010. The airline commanded the Indian skies and generated global interest with its premium service. It notably signed a deal with Etihad Airways to sell 24 per cent stake to the UAE airline.
As per various aviation experts, Jet Airways’ financial troubles can be traced back to its $500 million acquisition of Air Sahara in 2006 which was dubbed as an inflated deal. Air Sahara was re-branded as Jet Lite but its financial troubles meant that Jet wrote off its entire investment in the airline in 2015.
Also Read: It’s Official. Jet Is A Zombie And There’s A 50 Per Cent Chance It May Never Fly Again
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.