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737 PUSH BACK - Discontinued Service & Livery Jet Konnect Mumbai

554 views · Published 21 September 2018 · 1:06 · Indexed 31 October 2026

Channel: Travel With Ram · 2018 · Travel & Events

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Jet Konnect was a low cost subsidiary of Jet Airways and had this Special Livery. 
 
In 2013, the airline lowered prices and entered into fare war with low-cost carriers IndiGo and SpiceJet due to falling passenger demand. In February 2013, the airline's market value dropped by ₹4.84 billion (US$67 million) owing to falling share prices. Jet Airways made profits in the third quarter of the financial year 2013–14, after posting losses over the previous year. Jet Airways announced on 11 August 2014 that it would phase out Jet Konnect by the end of the year as part of plans to re-position itself as a uniform full-service operator. On 1 December 2014, Jet Konnect was fully merged with Jet Airways, making it the third full-service airline in India besides Air India and Vistara. In December 2015, Jet Airways announced the closure of its scissor hub at Brussels Airport by March 2016 and the opening of new hub at Amsterdam Schiphol Airport effective 27 March 2016.[47][48] As of February 2016, it is the second largest airline in India after IndiGo with a 21.2% passenger market share.

Jet Airways is a major Indian international airline based in Mumbai. In October 2017, it was the second-largest airline in India after IndiGo with a 17.8% passenger market share.[9] It operates flights to 67 destinations from its main hub at Chhatrapati Shivaji International Airport and secondary hubs at Indira Gandhi International Airport and Kempegowda International Airport. Incorporated in April 1992 as a limited liability company, the airline began operations as an air taxi operator in 1993. It began full-fledged operations in 1995 with international flights added in 2004. The airline went public in 2005 and in 2007, it acquired Air Sahara. It became the largest carrier by passenger market share in the country by 2010, a position it held until 2012

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