MoneyWorks4Me

Jet Airways planning to scrap first-class seats in Boeing 777 planes

23 Nov 2017 Evaluate

Jet Airways is planning to scrap first-class seats in its Boeing 777 planes that are operated for long-haul flights as it works on cost-cutting measures. The carrier, earlier this week, told investors about its plans for strategic growth where the key focus would be on cost minimisation.

Currently, the full-service carrier -- in which Gulf carrier Etihad has a 24 percent stake -- has 10 B777 aircraft. These planes have 8 first, 30 business and 308 economy class seats.

Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

Peers
Company Name CMP
Interglobe Aviation 4890.00
SpiceJet 9.82
TAAL Tech 1049.95
Taneja Aerospace 329.70
Global Vectra Helico 135.25
View more..