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 Rashid has been replaced by Declan Connolly.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.
Scholarships, sports and spirit define Phee Teik Yeoh, the new CEO of Vistara in India
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