Jet Airways pulls out of Delhi- Kuwait sector
Jet Airways has quietly withdrawn from the Delhi- Kuwait-Delhi sector due to unsatisfactory passenger response, reports Lalatendu Mishra.india Updated: Aug 31, 2008 22:20 IST
Jet Airways has quietly withdrawn from the Delhi- Kuwait-Delhi sector due to unsatisfactory passenger response.
Conforming this, airline officials said that the flight was not doing well and this necessitated the pulling out.
“There was very less load factor and we decided not to wait for too long. We may consider to resume service later when the market revives,” said a Jet Airways official.
Normally, airlines do wait for 18 months to break even in new international routes as it takes time to build the required 80 per cent load factor.
High oil price is forcing airlines to take prompt business destination to minimise losses.
Indian airlines have pulled out 15 per cent of their earlier capacity in the domestic market over the last two months.
The Delhi-Kuwait sector was inaugurated on January 5, 2008 when the Naresh Goyal owned airline operated multiple flights to half a dozen West Asian destinations from Kerala, Mumbai and Delhi in the January-March quarter.