Advertisement

HindustanTimes Sun,26 Oct 2014

Jet may stitch code shares with Gulf and Euro carriers

Tushar Srivastava, Hindustan Times  New Delhi, April 28, 2014
First Published: 23:00 IST(28/4/2014) | Last Updated: 23:02 IST(28/4/2014)

To retain its position as India’s number one international carrier and minimise the impact of the US downgrade of India’s aviation safety rating that bars Indian carriers from increasing flights to America, Jet Airways wants to stitch code-share alliances with Gulf and European carriers.

Advertisement

The Naresh Goyal-led airline, which had a global market share of 12.4% in 2012-13, has sought the aviation ministry’s nod for a code-share agreement with Etihad Airways on its flights from Abu Dhabi to Milan, Chicago and New York. Etihad owns 24% stake in Jet. It has also sought permission to code-share with Air France on Mumbai-Paris and Paris-Milan routes.

The airline, which did not respond to a mail from HT, has said in its application that India’s bilateral agreement with US and Italy allowed for third-country carrier code-share.

Code-share is a ticket-selling deal between two airlines whereby one airline can market and sell the flights of another airline.


Advertisement
more from Business

Finance minister Arun Jaitley favours interest rate cut

Finance minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the RBI has signalled it will not ease policy until it is confident of lower inflation.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved