Jet stir loss put at Rs 200 crore

However, in a bid to lure back passengers, Jet Airways and Jet Airways Konnect announced a 50 per cent discount in fares for five days from Monday.

Jet Airways Executive Director Saroj Dutta revealed on Sunday that on an average the airlines was patronised by nearly 24,000 passengers daily. “On an average, our daily revenues are in the range of $8 million (Rs 40 crore). So you can calculate how much we stand to lose for the past five days,” he said.

But he pointed out that there were minor savings on certain variables, like aircraft turbine fuel (ATF) since the flights did not operate.

Moreover, during the strike the airline made attempts to transfer nearly 60 per cent of its passengers to other carriers and a small number to its sister airline, JetLite.

Dutta also announced the setting up of a consultative body comprising representatives of the management and staff to resolve pending issues concerning the pilots. The management decided to reinstate four sacked pilots and not to initiate action against those who took part in the agitation, Dutta said.

The company would not pursue the contempt petition pending in the Bombay High Court. It was slated to come up for hearing on Monday.

In a bid to bring passengers back to its fold, Jet Airways and Jet Airways Konnect announced a 50 per cent discount in fares for five days beginning Monday.

The discount would be applicable on the total fare, which includes basic fare and fuel surcharge. It would be valid for all bookings between Monday and Friday in the economy class on all domestic sectors, the airline said. On their part, the pilots said they would resume duties with immediate effect, with nearly 100 reporting for work on Sunday.
As many as 140 flights, including 10 international ones, remained cancelled on Sunday, a company spokesperson said, noting that 98 pilots had reported fit for work.

The services were expected to be restored by Tuesday, Jet Chief Commercial Officer Sudhir Raghavan said in Mumbai.

He said while the operations involving foreign destinations  resumed on Sunday, flights on the domestic routes were expected to be normal in about two days.

Rush of passengers

Jet’s ticketing counter at Delhi’s IGI airport, which wore a deserted look for the last five days, saw some anxious passengers enquiring about the status of flights.

The airlines also tried to bring in normalcy by combining Mumbai-Dubai and Dubai-Mumbai flights on international sectors. It also merged some flights on Mumbai-Delhi, Mumbai-Vadodara-Ahmedabad, Bangalore-Mumbai and Mumbai-Hyderabad sectors.

In Kolkata, five Jet Airways flights were cancelled on Sunday morning. Only two of its flights, including the Kolkata-Dhaka international flight, took off from the metropolis.

Jet operations in Chennai were near normal on Sunday. Barring a flight to Delhi, 27 other flights on national and international routes resumed on Sunday. Two international services—Mumbai-Dubai and return—would be operated as combined services to accommodate the maximum number of passengers.

Turbulence ends

*A consultative body to be constituted to resolve pending issues concerning pilots

*Management to reinstate four sacked pilots

*No action to be initiated against the pilots who took part in the agitation

*Company not to pursue the contempt petition pending in the Bombay HC

*Operations involving foreign destinations resumed on Sunday

*Flights on the domestic routes expected to be normal in about two days