Speaking to Business Standard, Jet Executive Director Saroj Datta said: "SpiceJet and JetLite are an absolute fit in so far as their business models are concerned."
Saroj Datta speaks about his leaving Jet Airways.
Even as the cloud of uncertainty hangs over Jet Airways' Executive Director Saroj Datta's future in the airline, the company announced on Tuesday the resignation of its Senior Vice-President N Hariharan and Vice-President (flight operations) Ritzerwan Bin Rashid. Rashid's resignation came into effect on May 15 2008. Rashid has been replaced by Declan Connolly.
Saroj Datta, executive director, Jet Airways, said capacity reduction was a way to beat the slowdown as air fares were stagnant. Last year, Jet had reduced capacity by 12 per cent. The airline would not reduce the number of aircraft as they were on lease, he said; keeping them idle would add to the company's financial woes. He also hinted at a substantial reduction in employee costs.
Jet said apart from Hariharan, AS Bedi and S Bandula are leaving the company as a result of better career prospects and family commitments. While refusing to be drawn into specifics, Jet pointed out that attrition was a common phenomena in any business enterprise and the growing aviation industry in India cannot be excluded.
No deal has been signed between Air Sahara and Jet Airways, but discussions are on for a strategic alliance between the two private carriers.
Unless Naresh Goyal pulls the proverbial rabbit out of his hat or reveals an unexpected ace of spades, the airline he built from scratch - many refer to it as "his baby" - may slip out of his grasp, says Anjuli Bhargava.
Jet Airways has convened a board meeting on Friday, May 23, which is expected to consider the future of executive director Saroj K Datta, who, sources said, may exit the airline after May 31. Chairman Naresh Goyal, who was in Mumbai last week, reportedly discussed the issue with Datta, a veteran of over 46 years in the airline industry.
Even as domestic carriers are lobbying hard to fly abroad in an effort to utilise capacity better, Mumbai-based full service carrier Jet Airways has deferred the commencement of its Delhi-Hong Kong operations. Sources in the company said that the flights, which were supposed to begin from June, may have been delayed till November.
Scholarships, sports and spirit define Phee Teik Yeoh, the new CEO of Vistara in India
Few top honchos of India Inc did very well in 2014.
