JET AIRWAYS : About Jet Airways :  Jet Airways (India) Private Limited is India's leading private airline.

 Naresh Chairman Goyal of is Jet the founder and

Airways,

India's

largest domestic airline.  In May 1974, Naresh Goyal founded Jet air (Private) Limited to look after Sales and Marketing operations of foreign airlines in India.  It boasts a market share of about 29 percent.

JET AIRWAYS : About Jet Airways :  Jet operates a relatively young fleet of Boeing 737 jets and ATR72 turboprops.  It carries about seven million

passengers a year.  Its reputation for punctuality and

outstanding service attracts a large.  Provides services in : 44 domestic destinations in India. 21 international destinations in 17

countries across Asia, Europe & North America.

JET AIRWAYS : Jet Airways Case :  In Oct 2008 around 1900 employees were fired out of which 800 were laid off.  It started voice from politicians , staff , senas , public.  Later in the same week they were taken back.  N.A.G( NATIONAL AVIATORS GUILD ) formed on 10th June claiming a membership of 680 ,President Girish Kaushik , Joint.Sec.Captain Sam Thomas.

JET AIRWAYS : Jet Airways Case :  Due to which two senior pilot were fired Captain Sam Thomas (J.S) Captain D Balaraman (G.S)

 On Aug. 23rd the Guild (NAG) warned that they would go on strike from Sep. 7th if both the pilots are not reinstated.  But on 8th sep. 432/1056 pilots

reported sick in violation of Bombay high court orders a day earlier restraining them against any kind of strike in countries largest pvt. Carrier.

JET AIRWAYS : Jet Airways Case :  Pilots were demanding the reinstatement of their colleagues.  Situation created huge problems for passengers . 80% of them were for accommodated to other airlines rest entire fare was refunded.  Chief justice Swatanter Kumar and Justice AM Khanwilkar issued a notice against NAG seaking a reply in 2 weeks.  Later 2 more pilots were sacked.

JET AIRWAYS : Jet Airways Case :  Civil aviation secretory Madhavan Nambiar said govt. has nothing to do between both, but they has taken serious view of the inconvenience to public and asked DGCA to take action.  CEO told he is open for talk but he told company does not recognize NAG. and pilots are behaving like terrorists.

JET AIRWAYS : Jet Airways Case :  Fortunately after loss of crores and goodwill on 13th sep. strike ended after 5 days when Naresh Goyal reinstated the sacked pilots and paved the way for possible recognition of a pilots union.

JET AIRWAYS : Strike : A Huge Loss :  From 8 to 13 September :

Jet Airways lost 200 crores in just five days. Cancellation of 134 domestic and 32 international Flights. Average passenger per day dropped from 23000/day to 14000/day. Jet had to accommodate 80% of the passenger on the other carriers.

JET AIRWAYS : Strike : A Huge Loss :  From 8 to 13 September : For the rest entire fare has been refunded. Loss of goodwill is not measurable.

JET AIRWAYS : Advantage Of Jet Airways Crisis For Other Airlines :  Jet Airways transferred as many as 60 percent of the passengers booked on its flights to Air India, the national carrier, and other airlines during the strike.  Rival carriers began to charge fares at almost double the usual rates after the strike hampered Jet Airways operations.  A big competitor was out, therefore it was a big advantage to other airlines.

JET AIRWAYS : Consequences Of Strike:  The standoff between the airline and its pilots ended after the company agreed to reinstate four pilots who were fired for trying to form a pilots union.  Jet airways has reduced its fares to 50%.With discounts, the cost of air tickets dropped close to air-conditioned II tier Rajdhani Express fares.  Jet airways witnessed a 10 per cent switch from low-cost carriers to jet.

JET AIRWAYS : Consequences Of Strike:  The airline is operating on full schedule of services on its domestic with all and crew international flights

reporting for duty.  Jet offered a full refund to passengers whose flights were cancelled.  Jet Airways suffered a loss of nearly US$8 million a day during the strike. and the number of passengers came down from 23,000 per day to 7,500.

JET AIRWAYS : Consequences Of Strike:  No punitive action against any one who participated in the agitation.  A consultative group is being formed comprising representatives of the company and pilots to continue the process of dialogue to resolve all their problems.