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Wednesday, December 15, 2010

Jet Airways Will Resume India-China Service Amid Good Growth, Mahadevan Says

Jet Airways (India) Ltd., the nation’s domestic airline, plans to resume direct flights between India and China next year to meet rising demand for travel between the two countries.
Jet Airways will offer Mumbai-Shanghai service and plans to add flights to cities including Tokyo, Seoul, Taipei and Paris in the year starting April 1, 2011, Bharath Mahadevan, manager for the northeast Asian region, said in an interview in Hong Kong today. The new routes will probably boost annual revenue at least 15 percent, he said.
The airline will begin once-daily service between Mumbai and Shanghai by the end of next year as rising incomes in China and India, Asia’s two fastest growing major economies, prompt more people to travel by air. The gains are fueling a rebound in demand after Jet Air last year halted daily flights from Mumbai to San Francisco via Shanghai to cut costs as a global recession damped travel appetite.

Rise in pvt aircraft operating out of Mumbai in 3 years

If the number of small aircraft parked at the Chhatrapati Shivaji International Airport (CSIA) at Santacruz are an indicator, private fliers out of Mumbai have more than doubled over the past three years.
Non-scheduled charterers operating out of Mumbai said the number of private aircraft stationed at the airport at any point of time had grown from 30-40 in 2007 to 80-100 now. One of the operators said at least half of these private aircraft were Beechcraft turbo prop enginers like B-200 and C-90 while the rest were jet engine aircraft like Falcon, Gulf Stream, P-68, Cessna Citation and Boeing Business Jet.
Invision Air, a non-scheduled operator, will have three aircraft operating out of the Mumbai region from January 2011, besides plans for 20 aircraft over the next five years for bases across the country. “Growth will be coming from the rural areas in India, which actually have very poor airline connectivity; so charters become the obvious choice for industrialists, investors, consultants, lawyers, bankers, and top management to reach these sectors,” said Invision Air managing director Vinit Phatak.