Aviation

Take 10 days off a month, less pay, or leave: Jet Airways to junior co-pilots

Published

6 years ago

July 21, 2017

NEW DELHI: Jet Airways has asked several of its pilots to take 10 days off a month from August 1, a move that will effectively mean at least 30 per cent salary cut for them. And Jet has virtually told these pilots to leave the airline if they do not accept this option. Their choice has to be informed to the airline by end of this month. The number affected by this cost-cutting move is reported to be over 320 junior co-pilots.

Jet Airways’ letter to these pilots says: “As a valuable asset to the company, we would like to ensure your continued employment while simultaneously balancing our cost structure. As an interim measure, we shall be offering you a Lifestyle Work Pattern which entails 10 days block off per month with the appropriate remuneration. This will be effective August 1.”

“In case you do not wish to accept the above terms and desire to seek alternate opportunities, within the industry or outside, you may revert by July 31, 2017. In such a case, we shall assist you by facilitating the necessary formalities as may be required,” the letter says.

A Jet Airways spokesman said: “Jet Airways continues to remain committed to all its employees which includes crew members and trainees, who are essentially a part of the Jet family. However, certain developments in the market, including that of the Gulf region, as well as our continued efforts to enhance internal efficiencies, has resulted in the review of our network, fleet and crew utilisation. Consequently, as a proactive measure, the company has made interim alignments to its crew work patterns, which will be reviewed in future, in line with network growth.”

Jet’s cost-cutting move comes at a time when most domestic airlines are doing well due to low crude oil prices and booming aviation in India. Jet is reportedly in talks with a number of international companies, including airlines, for funding. Abu Dhabi’s Etihad has a 24 per cent stake in Jet.

Courtesy: Times of India

Airlines

These are the four-star low-cost Carriers for 2024

Published

2 hours ago

September 25, 2023

Sana khan

These are the four-star low-cost Carriers for 2024

In the rapidly evolving world of aviation, staying ahead of the curve and finding the most cost-effective options for air travel is crucial for both travelers and airlines alike. As we approach the year 2024, Apex, a renowned authority in the aviation industry, has released its highly anticipated list of four-star low-cost carriers.

These are the airlines with Four-Star and Five-Star APEX ratings for 2024.(Opens in a new browser tab)

The APEX Four Star Airline Awards were unique since they were created solely from verified passenger reviews submitted by more than a million fliers using TripIt.

These airlines have achieved a remarkable combination of price and great service, making them the top alternatives for budget-conscious travelers searching for a pleasant and joyful flying experience. In this article, we will look at the four-star low-cost airlines for 2024.

Global Passenger Choice airline Award Winners 2022 by Apex.(Opens in a new browser tab)

low-cost Airlines

Allegiant
Breeze
GOL
Southwest
Spirit
Sun Country Airlines
WestJet

Airlines

These are the airlines with Four-Star and Five-Star APEX ratings for 2024.

Published

3 hours ago

September 25, 2023

Sana khan

These are the Airlines with Four and Five-Star APEX Ratings for 2024

In the ever-evolving world of aviation, these awards stand as a testament to excellence, innovation, and outstanding service within the airline industry. As travelers around the globe seek ever more personalized and remarkable experiences, these airlines have risen to the occasion, setting new standards for quality, comfort, and customer satisfaction.

World class airline awards 2022 by Apex(Opens in a new browser tab)

The APEX Five Star and Four Star Airline Awards were unique since they were created solely from verified passenger reviews submitted by more than a million fliers using TripIt.

Global Passenger Choice airline Award Winners 2022 by Apex.(Opens in a new browser tab)

Here, we’ve highlighted some of the 2024 Apex Four-Star and Five-Star Airlines Awards, recognizing these airline giants and the outstanding traveler experiences they provide. Whether you are a frequent traveler or only sometimes do so, these awards highlight the airlines who have changed the definition of what it means to fly in luxury and grace.

REGIONAL AIRLINE FIVE STAR*

GLOBAL AIRLINES FOUR STAR

British Airways
Ethiopian
Polish Airlines
Malaysia Airlines
Pakistan International Airlines
South African Airways
Thai Airways International

MAJOR ‎AIRLINES FOUR STAR

Aegean Airlines
AirEuropa
Avianca
flydubai
Royal Jordanian
SriLankan Airlines

Source

Airlines

Qantas says cost to fly may rise, Due to Soaring Jet Fuel Prices

Published

3 hours ago

September 25, 2023

Sana khan

Qantas says cost to fly may rise, Due to Soaring Jet Fuel Prices

Qantas has been absorbing a $200 million increase in fuel costs, the airline warned that if prices continue to rise, the costs may be passed on to customers and it may raise its already high ticket rates.

The airline reported in a market update that fuel costs have gone up 30% since May of this year, including 10% just in the past month. “This is driven by a combination of higher oil prices, higher refiner margins, and a lower Australian dollar,” Qantas stated.

Boeing warns new defect on 787 Dreamliners will slow deliveries(Opens in a new browser tab)

But Qantas asserted that it will keep an eye on fuel costs in the upcoming months and “look to adjust its settings” if they continue to be this high. Any modifications would aim to strike a balance between the need for reasonably priced travel in a situation where tickets are already high, according to Qantas.

Qantas and competing airlines use methods of hedging to control erratic pricing changes. An effort to win back consumer support that included an apology from the airline’s new CEO, Vanessa Hudson, and a commitment to rebuild the airline’s reputation after a “humbling period” is in jeopardy as a result of the warning about ticket prices.

Pilots warned of ‘low sealings’ at Utqiagvik airport Seal Sunbathing on the Runway(Opens in a new browser tab)

Analyst Owen Birrell with RBC Capital Markets predicted that the firm will likely accept the higher fuel costs “until its target margins come under pressure, and then would seek to claw back those costs through capacity cuts and higher fares.”

Given the increased competition, expanding consumer and corporate cost pressures, and incoming reinvestment in the product/platform, we don’t think a substantial earnings shift is possible going forward.

Source