The airline has also announced that it will be shutting down its operations in three states: Delhi, Maharashtra, and Madhya Pradesh. Jet Airways, India’s largest airline, is experiencing a massive restructuring and downsizing that has seen senior executives, some pilots, and cabin crew leave the company. According to sources within the airline, it is believed that the movement was due to a disagreement over the future of the company.
The airline says that it is facing financial problems due to high fuel prices and a decline in passengers. It also says that it has resorted to outsourcing some of its operations due to low profitability.
Jet Airways has been in operation since 1993 and employs around 2,000 people at its head office as well as on planes. The airline operates over 200 planes including Boeing 747-400s and Boeing 777s. The airline also has a fleet of 40 Airbus A320s and 15 Airbus A330s.
Jet Airways, the flagship airline of India’s Jet Airways Group, has been hit by several senior executives and pilots leaving their jobs.
The company has announced that it will be reducing its fleet from 70 aircraft to 55 aircraft by 2021. The move is seen as an effort to focus on lower-cost carriers like Vistara, which is currently competing with IndiGo for market share.
The airline also announced that it will be removing non-stop flights to London from its network. Jet Airways has been unable to compete with IndiGo and GoAir in terms of profitability, despite having a much larger domestic network than either competitor.
It is one of India’s largest airlines and has been involved in many controversies over the years. In recent months it has been embroiled in a series of scandals that have led to several senior executives being fired from the company.
Jet Airways is one of the largest private airlines in India. It has been operating since 1996 and operates a fleet of over 100 aircraft. Jet Airways is one of the few airlines that operate domestic services in India. The airline was founded by Indian businessman Gopal Krishan Kaul who also owns several other businesses in the country.
The airline’s main competitors include Kingfisher Airlines and IndiGo Airlines. Jet Airways was founded in 1996 to provide affordable air travel to people across India. The airline initially operated only on domestic routes but has since expanded its operations to international destinations such as London, Paris, Amsterdam, and Los Angeles among others.
In mid-2018, reports emerged that senior executives at Jet Airways had decided to leave their jobs with the company due to issues around pay hikes which had been discussed earlier this year but were never implemented by management at that time due to financial issues facing the airline at that time. This led to a mass exodus of senior executives including vice president Rakesh Gangwal who resigned after being served a notice by Jet Airways management regarding his continued stay at the company without any pay hike being implemented
Jet Airways is a private Indian airline headquartered in Mumbai with its operational hub at Mumbai’s Chhatrapati Shivaji International Airport.
The airline operates a fleet of 122 aircraft, including Boeing 737 Max 8 and 9, Boeing 777-300ER, Boeing 787-9 Dreamliner, Airbus A330-200, and A340-300.