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The history of the civil aviation industry in India can be traced back to the year 1912 when the first air flight between Karachi and Delhi was started by the Indian State Air Services in collaboration with the UK based Imperial Airways The Aviation industry in India began with the birth of Tata Airlines, through the business relationship between Mr. Nevill Vintcent, a Royal Air Force pilot and Mr. JRD Tata, the first Indian to get an Alicense. Tata Airlines became Air India in August 1946. In 1953, the Air Corporation Act nationalized all existing airline assets and established the Indian Airline Corporation and Air India International for domestic and international air services respectively. The Indian aviation sector was also characterised by a high degree of Government control prior to 1990. The Government of India nationalised the airline industry in 1953 through the enactment of the Air Corporations Act. Pursuant to this Act, there were only two players left in the Indian aviation sector, both of which were owned and controlled by the Indian government. These two companies enjoyed monopoly power in the industry until 1991, when private airlines were given permission to operate charter and non scheduled services under the Air Taxi scheme to boost tourism As a result, a number of private players including Jet Airways, Air Sahara, Modiluft, Damania Airways, NEPC airlines and East West Airlines commenced domestic operations In 1994, following the repeal of the Air Corporation Act, private players were permitted to operate scheduled services. Ultimately the carriers with more efficient operations and strategies survived and by 1997, only Jet Airways and Air Sahara made the cut from the original group. The next big change in the industry came in late 2003 with the emergence of Indias first no-frill airlines, Air Deccan. It revolutionized the industry, offering fares as low as INR 500 (USD 10 roughly), compared with Full Service fares offered by the incumbents, averaging about INR 3000 or more. Since then, Spice Jet (restructured Royal Airways and Modiluft), Go Airways and Kingfisher Air have also entered the industry. Paramount Airways is another player, though it is positioned on the other end of the spectrum, as an all business class airline. With the further advent of online ticket sales through companies such as makemytrip.com, prices have crashed and tickets are available for as little as INR 0.99. In fact, now many airline tickets can be bought for a price comparable to an upper class railway ticket for the same route In December 2004, Indian scheduled carriers with a minimum of 5 years of continuous operations and a minimum fleet size of 20 aircraft, were permitted to operate scheduled services to internationals destinations. On January 11, 2005 the government designated four scheduled Indian carriers (Air India, Indian Airlines, Jet Airways and Air Sahara) to operate international services to and form Singapore, Malaysia, Thailand, Hong Kong, the UK and the USA.
- Investments in the Sector: A lot amount of investment is entering in aviation sector. Social Factors - Developments in Airport Cities: In order to get world class infrastructure and facilities ,the development in airports is necessary. - Employment Opportunities: This industry provides opportunities to lot of persons and provide them with good salaries. - Ensuring a Level Playing Field: This industry ensures a level playing field for so many companies like Air Sahara, Jet Airways etc. - Safety Regulation: In this industry, the safety regulation are required. This safety regulations are applied for every person and passengers of all the religions and class Technological Factors - Growth of Electronic Ticketing:: The growth of electronic ticketing is very necessary in this industry. You can take example in countries like U.S it is fully online and they are highly successful - Satellite based Navigation Systems: The satellite based navigation systems is very necessary in aviation. This means which provide autonomous geo-spatial positioning with global coverage which is necessary for the industry.
JET AIRWAYS
Jet Airways (India) Ltd. is an airline based in Mumbai, operating domestic and international services. It operates over 340 daily flights to 44 destinations across the country and 6 overseas. Its main base is Chattarpati Sivaji International Airport,Mumbai. The Founder and chairman of Jet Airways is Naresh Goyal who owns 99.99% of the shares in the company.. Jet airways provides one of the best services in this industry. This service was started in India in May 5,1993.This airline provides a lot of facilities to customers at the reasonable fares and it is providing the online tickets and easy booking tickets. Also it provides the 24 hours helpdesk facility for customers. It is providing the facilities like In flight better meals, entertainment, convenience ,e-magazines inside the flights. Also it provides facilities like special Infant and Child Care, Wheel chair assistance, Medical emergencies and safety to customers. The main competitors of Jet airways are Air India, Air Deccan, Spice Jet and Kingfisher.