Jet Airways has been on a massive downslide over the past few months. In September, they were in a liquidity crunch, so they started to implement measures to save money, a lot of which included cutbacks from the passenger experience.
- Jet Airways cuts meals for Deal and Light passengers
- Jet Airways passengers denied Lounge Access in Mumbai Airport
- Jet Airways meal cutbacks start
- Jet Airways lounge access withdrawal for Gold & Platinum Members
- Jet Airways will drop meal service on most Domestic Economy Fares in 2019
All of this, apart from apparently not paying their salary dues in full, and cutting out on various flights. Here is an update on the routes that are gone.
- Jet Airways massive International route consolidation coming December 2018
- Reading into Jet Airways Q3 Results 2018
- Jet Airways Middle-East Network changes
- Jet Airways Domestic Route network being cut back
- Jet Airways’ shutting down another 7 stations including 4 North-East stations
While Jet Airways is negotiating a deal with their partner Etihad, Etihad has laid down some tough terms to invest more funds in Jet Airways.
But one of the areas where the airline has suffered now is receiving their new Boeing 737 MAX aircraft. I earlier outlined airline wise deliveries of aircraft in 2018. Jet Airways received its first Boeing 737 Max 8 in June 2018. A total of 5 Boeing 737 Max 8 were delivered to Jet Airways in 2018. Jet Airways was supposed to receive 6 more Boeing 737 Max 8 by March 2019, but they have received none yet.
The last one was added way back in September 2018. Since September 2018, 4 Boeing 737 Max 8 have been built but deliveries are on hold. Out of these 4 aircraft, 2 Boeing 737 Max 8 (VT-JXF/H) are in storage. One 737 Max 8 (VT-JXG) is undergoing production testing. A fourth 737 Max 8 (VT-JXJ) is awaiting engines.
Boeing has delivered the two completed 737 Max 8 to the lessors, but they haven’t been transferred to Jet Airways yet. Lessors have deferred the aircraft deliveries till further information to tackle the current liquidity crisis comes in. Jet Airways ordered 225 Boeing 737 Max aircraft and the order of 10 Boing 787-9 still remains in Boeing’s order book with no delivery schedule.
What do you think about the current situation of Jet Airways, and when do you think will they start inducting newer aircraft again?