Company Profile

Founded : April 1, 1992 Commenced operations : May 5, 1993 Corporate Office : Mumbai, India Employees : 13,945 Destinations : 76 (24 international destinations and 52 destinations within India) Naresh Goyal, the founder Chairman of Jet Airways. Jet Airways (INDIA) Private Limited is IndiasLeading Private Airline.

Class of Service on international sectors First Class Business Class branded as Premiere Economy Class of Service on sectors within India Business Class branded as Premiere Economy

 Jet airways posts Rs. 25 crore profit in Q1 after losses for 5 consecutive years.

Facts for rejection

Kingfisher airlines have a debt of $1.2billion in the year 2011. They are loosing staff as it struggles to pay salaries and is having difficulties in meeting its fuel bills. By early 2012 the airline accumulated losses of over Rs.7000crores (1.27 billion US $) with half of its fleet grounded and several members of its staff going on strike.

 Kingfisher's position in top Indian airlines on the basis of market share had slipped to 5 from 2 because of the crisis. Due non-payment, several Kingfisher's vendors had filed winding up petition with the High Court.

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