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Jet Airways (INDIA) Private Limited is India's Leading Private Airline. It Boasts a Market Share of about 28 Percent. It Carries about Seven million passengers a year.
Jet Airways (INDIA) Private Limited is India's Leading Private Airline. It Boasts a Market Share of about 28 Percent. It Carries about Seven million passengers a year.
Jet Airways (INDIA) Private Limited is India's Leading Private Airline. It Boasts a Market Share of about 28 Percent. It Carries about Seven million passengers a year.
INTRODUCTION Jet Airways (INDIA) Private Limited is Indias Leading Private Airline.
It Boast a Market Share of about 28 Percent.
It Carries about Seven million Passengers a year.
Its Reputation for Punctuality and Outstanding Service Attracts a Large Customers. KEY DATES 1993: Jet Airways Begins Domestics operations Flying Boeing 737 Jets.
1997: Kuwait Airways and Gulf Air Sell their Stakes in Jet Airways.
2004: The First International Services is started.
2007: Acquired Air Sahara and re-Launched it as Jet Lite. FLEETS OF AIRCRAFTS IT INCLUDED IT HAS 84 AIRCRAFTS Airbus 330-200 - (12) Atr72-500 - (14) Boieng737-700 - (13) Boieng737-800 - (33) Boieng737-900 - (2) Boieng737-300er - (10)
*Included that have been leased to other airlines MAJOR COMPETITORS: International Market: - British Airways - Emirates Airline
Domestic Market: - King Fisher - Indian Airlines - Indigo - Go Air
MARKETING STRATEGY: JET AIRWAYS Market Segmentation: - Economic Class - Business Class - Premium Class
Target Customers - Business Class - Economic Class(Jet Lite) MARKET SHARE RECENT PROBLEMS: In Oct 2008 around 1900 employees were fired out of which 800 were laid off.
Strike was supported by Politicians, staff and public.
Due to it, later these employees were taken back. RECENT PROBLEMS(CONT.) N.A.G( NATIONAL AVIATORS GUILD ) formed on 24 th July claiming a membership of 680. (Trade Union Of Jet)
Due to which 2 Senior pilots were fired.
On 23 rd august (NAG) warned that they would go on strike from Sept. 7 th if both the pilots are not reinstated.
Fortunately on 13 th Sept. after loss of crores and goodwill strikes ended. STRIKE: A HUGE LOSS From 8 th to 13 th September:
Jet Airways lost 200 crores in just five days.
Cancellation of 134 domestic and 32 international flights.
Average passenger per day dropped from 23000/day to 14000/day. STRIKE : A HUGE LOSS Due to Strikes Jet had to:
Accommodate passengers on the other carriers.
Other Passengers were refunded of their airfare.
Goodwill was Lost. SWOT ANALYSIS: STRENGTHS Market Driver.
Experience Exceeding 16 years.
Largest fleet size. WEAKNESSES Loosing domestic share.
Weak brand promotion.
Strikes.
OPPOURTUNITIES Untapped air cargo market.
Scope in International market.
Service and tourism. THREATS Strong competitors.
Fuel price hike.
Overseas market competition. RECOMMENDATION OF OUR RESEARCH Offering Free Tickets