Jet Airways Valuable Landing Slots Swooped By Comp
2019-04-11 10:56:48
(www.cargofee.com) News Broadcast:
India’s Directorate General of Civil Aviation (DGCA) has this week begun redistributing some of the airport slots left unused by Jet Airways as a result of their financial predicament. Around 40 slot pairs at Mumbai have already been dished out to other carriers, with around the same number predicted to be reallocated over at Delhi International.
India’s aviation regulator, the DGCA, has been reallocating airport landing slots that aren’t being used by struggling airline, Jet Airways. So far, they’ve handed out around 40 slot pairs at the country’s busiest airport, Mumbai International, and are planning to do the same with a similar number of slots in Delhi.
Jet Airways, with more than 75% of its planes grounded, have left a big gap in seats for the peak travel season. As many as a million seats were lost between January and March, causing prices to spike as a result. By reallocating some of Jet’s slots in time for the summer season, the DGCA is hoping to drive prices back down and ensure enough Capacity to cope with the seasonal demand.
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