{"id":4409,"date":"2016-03-21T22:28:44","date_gmt":"2016-03-21T16:58:44","guid":{"rendered":"http:\/\/13.201.39.237\/?p=4409"},"modified":"2016-03-21T22:28:44","modified_gmt":"2016-03-21T16:58:44","slug":"could-jet-airways-ruin-your-summer-holiday-plans","status":"publish","type":"post","link":"http:\/\/13.207.105.184\/?p=4409","title":{"rendered":"Bad Air Days: Could Jet Airways Ruin Your Summer Holiday Plans?"},"content":{"rendered":"\n<p><span class=\"dropcap\">B<\/span>ack in September 2012, I found myself stranded in Srinagar because of protests in the <\/p><a href=\"https:\/\/www.arre.co.in\/politics\/kashmir-india-pakistan-burhan-wani-protests-slogans-kashmir-conflict\/\"><span style=\"font-weight: 400;\">Kashmir Valley<\/span><\/a><span style=\"font-weight: 400;\">. My woes were amplified by the daily news informing me that my Kingfisher Airlines flight home may soon become a mere figment of my imagination. Surely enough, by the time it was time to head home, Kingfisher had shut down, leaving me with no option but to re-book \u2013 at a not-so-bargain-price with another airline. <\/span>\n\n<span style=\"font-weight: 400;\">Seven years on, cash-strapped Jet Airways is giving similar sleepless nights to its fliers.<\/span>\n\n<span style=\"font-weight: 400;\">Long before eCommerce companies came along and confused us with the absurd idea that astronomic losses were just \u201ca quirky new business model\u201d, <\/span><a href=\"https:\/\/www.arre.co.in\/series\/first-person\/air-hostess-diary-flight-airline-indians-firang\/\"><span style=\"font-weight: 400;\">airlines <\/span><\/a><span style=\"font-weight: 400;\">were racking up mountains of unserviceable debt. And each time things have spiralled out of control, they have left in their wake, a sea of irate travellers, whose spouses curse them for not having the foresight to know that the airline would not survive the winter.<\/span>\n\n<span style=\"font-weight: 400;\">The recent woes of Jet Airways have once again put the spotlight on an industry that has always been fraught with risk, both for the airlines themselves and for travellers who book in advance, never expecting their flight might be grounded. This has become such a genuine concern that customers are now <\/span><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/strip-jet-airways-advance-booking-powers-pleas-to-centre-high-court\/articleshow\/68473188.cms\"><span style=\"font-weight: 400;\">filing PILs<\/span><\/a><span style=\"font-weight: 400;\"> to limit advance bookings altogether. <\/span>\n\n<span style=\"font-weight: 400;\">So, are Indian fliers unique in this level of uncertainty? Or is this just how airlines operate everywhere?<\/span>\n\n<span style=\"font-weight: 400;\">India is still a young market for aviation, although some of the staff at <\/span><a href=\"https:\/\/www.arre.co.in\/humour\/vijay-mallaya-extradition-indian-government-air-india\/\"><span style=\"font-weight: 400;\">Air India<\/span><\/a><span style=\"font-weight: 400;\"> appear to have worked there since before Independence. The industry was only de-regularised in 1991 by Manmohan Singh\u2019s not-so-accidental reforms. However, barring Jet Airways, none of the early private airlines appear to have made it this far. Airlines like ModiLuft, Damania, and East-West (remember them?) didn\u2019t even make it to the turn of the century. Air Sahara \u2013 owned by \u201cinmate voted most likely to return\u201d in the Tihar Jail yearbook, Subrata Roy \u2013 eventually sold out to Jet Airways in 2006. Amid all this was the <\/span><a href=\"https:\/\/www.arre.co.in\/humour\/vijay-mallya-jail-london-kingfisher\/\"><span style=\"font-weight: 400;\">Kingfisher<\/span><\/a><span style=\"font-weight: 400;\"> debacle, played to perfection by a man who has a flair for flamboyance and an inexplicable desire to watch copious amounts of money burn before him. <\/span>\n\n<span style=\"font-weight: 400;\">Despite this, the market has continued to attract new entrants \u2013 such as Indigo, AirAsia, SpiceJet, and Go \u2013 all of whom have struggled to make <\/span><a href=\"https:\/\/www.arre.co.in\/pov\/career-money-unambitious-person-work-adult\/\"><span style=\"font-weight: 400;\">money<\/span><\/a><span style=\"font-weight: 400;\"> with any consistency.<\/span>\n<blockquote class=\"quote--center\">So, in some ways, owning an airline is a lot like supporting RCB at the IPL.<\/blockquote>\n<span style=\"font-weight: 400;\">Although it is not uncommon for a nascent market to experience such high levels of churn, the Indian aviation industry is especially difficult to navigate through. For one, airline companies are at the mercy of oil companies that supply them with jet fuel. Expensive jet fuel is driven in part by high taxes (to subsidise LPG and the like, so yes, it\u2019s a little bit political) and low competition among fuel suppliers. This has been made worse by a weak rupee, since India imports its oil. As a result, fuel forms over a third of the costs of Indian carriers, whereas carriers abroad only see it at about a quarter of their costs. In addition to this, the cost of owning or leasing planes, maintenance, and the <\/span><a href=\"https:\/\/www.arre.co.in\/social-commentary\/millennials-job-work-culture-generation-gap\/\"><span style=\"font-weight: 400;\">employment<\/span><\/a><span style=\"font-weight: 400;\"> of a skilled staff makes running an airline a frighteningly expensive affair.<\/span>\n\n<span style=\"font-weight: 400;\">So, in some ways, owning an airline is a lot like supporting RCB at the <\/span><a href=\"https:\/\/www.arre.co.in\/sports\/arre-checklist-ipl-team-says\/\"><span style=\"font-weight: 400;\">IPL<\/span><\/a><span style=\"font-weight: 400;\">. You may seem to have put together a winning combination, but year after year you face disappointment and loss. Interestingly, Vijay Mallya has owned both an airline and the RCB, so maybe the comparison is more than just coincidental.<\/span>\n\n<span style=\"font-weight: 400;\">Against the backdrop of higher costs, Indian carriers must also combat competition. Here again, India deviates somewhat from more developed markets, where no-frills carriers cater to a different demographic than full-service providers. In India, everyone loves a <\/span><a href=\"https:\/\/www.arre.co.in\/culture\/diwali-shopping-dadar-indian-mothers-maharashtrians\/\"><span style=\"font-weight: 400;\">bargain<\/span><\/a><span style=\"font-weight: 400;\">. The rise of no-frills airlines such as IndiGo, caused the decline of Kingfisher and now Jet, who were trying to offer in-flight meals and the promise of undamaged kneecaps in a market where customers would happily share seats if it meant a bigger discount.<\/span>\n\n<span style=\"font-weight: 400;\">All in all, Indian aviation finds itself in a conundrum. It is the fastest growing aviation market in the world, but the desperation to scale up means that by some estimates, the entire industry is operating at an average price point that is 15 per cent below break-even. From the <\/span><a href=\"https:\/\/www.arre.co.in\/outdoors\/wanderlust-obsession-travel-bad-trip\/\"><span style=\"font-weight: 400;\">traveller<\/span><\/a><span style=\"font-weight: 400;\">\u2019s perspective, this is usually a wonderful thing. Remember when Deccan offered flights to Goa for \u20b9300? Sure, you had to wind your body down like a pretzel and allow yourself to be placed in the overhead compartment, but you were in your 20s; your body allowed for such things! (If you\u2019re too young to remember Deccan, just imagine a <\/span><a href=\"https:\/\/www.arre.co.in\/humour\/best-buses-privatisation-facelift\/\"><span style=\"font-weight: 400;\">BEST bus<\/span><\/a><span style=\"font-weight: 400;\"> with wooden planks on either side). But the issue arises when the airlines can no longer sustain the low prices and decide \u2013 usually overnight \u2013 to cease operations and shrug apologetically at customers.<\/span>\n<blockquote class=\"quote--center\">With flights being grounded and ticket prices soaring, your annual family holiday might just be in peril.<\/blockquote>\n<span style=\"font-weight: 400;\">Jet Airways has been saying \u201cSorry\u201d more than Justin Bieber these days. Like Kingfisher before it, it appears to have built a large pile of unmanageable debt and is now starting to ground planes, as it lacks the funds to fly them. Recent efforts to secure funding, either from Etihad, who own a large stake in Jet, do not appear to have succeeded. Meanwhile, the <\/span><a href=\"https:\/\/www.businesstoday.in\/sectors\/aviation\/why-sbi-is-going-out-of-way-to-save-jet-airways\/story\/329717.html\"><span style=\"font-weight: 400;\">State Bank of India<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 who must really love losing money to airlines considering they also over-lent to Kingfisher \u2013 are doing all they can to make sure Jet does not collapse into insolvency. They are working around the clock for a bailout plan, which will no doubt involve using more investor funds \u2013 effectively money from the same public that would find themselves stranded at airports if Jet suddenly shuts down. At a press conference, Congress chief spokesperson Randeep Surjewala said that the <\/span><a href=\"https:\/\/www.arre.co.in\/pov\/indian-government-constitution-bjp-ministers\/\"><span style=\"font-weight: 400;\">government<\/span><\/a><span style=\"font-weight: 400;\"> had asked public sector banks \u2014 SBI and the PNB \u2014 to waive loans to the tune of \u20b98,500 crore by taking over the airline\u2019s shares, The Hindu <\/span><a href=\"https:\/\/www.thehindu.com\/news\/national\/why-use-taxpayers-money-to-save-jet-airways-congress\/article26593723.ece?homepage=true\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\">. \u201cWhy is the Modi government giving a \u2018bailout package\u2019 to a bankrupt corporate entity like Jet Airways owned by foreign investors, out of public money, but not to India\u2019s debt-ridden farmers,\u201d he asked. <\/span>\n\n<span style=\"font-weight: 400;\">Meanwhile, the government has assured that they will do what they can to help the airline stay afloat. They have asked <\/span><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/government-taps-spicejet-to-take-over-jet-airways-aircraft\/articleshow\/68517212.cms\"><span style=\"font-weight: 400;\">SpiceJet<\/span><\/a><span style=\"font-weight: 400;\"> to consider taking some of Jet\u2019s aircraft. <\/span>\n\n<span style=\"font-weight: 400;\">At the end, we need to consider whether \u2013 with <\/span><a href=\"https:\/\/www.arre.co.in\/politics\/assembly-elections-2018-why-bjps-loss-is-not-congresss-gain\/\"><span style=\"font-weight: 400;\">elections<\/span><\/a><span style=\"font-weight: 400;\"> looming \u2013 the government can afford to let the plug be pulled on an airline with nearly a fifth of the domestic market. Whether it deems the flying class\u2019s votes as important would probably determine their eventual level of intervention. But for now, Jet\u2019s demise would mean a capacity shock in the airline industry and possibly drive ticket prices up in the short term. Jet fliers continue to be hassled with the airline not only grounding flights but also charging a <\/span><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/jets-grounding-yet-flyers-pay-heavily-for-cancelling-tickets\/articleshow\/68542749.cms\"><span style=\"font-weight: 400;\">steep fee<\/span><\/a><span style=\"font-weight: 400;\"> for those considering cancelling tickets. <\/span>\n\n<span style=\"font-weight: 400;\">For travellers, the timing could not be worse. April is vacay time in the country with most schools shutting down for the <\/span><a href=\"https:\/\/www.arre.co.in\/culture\/nostalgia-train-journeys-summer-vacation\/\"><span style=\"font-weight: 400;\">summer break<\/span><\/a><span style=\"font-weight: 400;\">. With flights being grounded and ticket prices soaring, your annual family holiday might just be in peril. This time instead of blaming each other, you can blame Jet.<\/span>\n","protected":false},"excerpt":{"rendered":"<p>With cash-strapped Jet Airways suspending flights, air fares are likely to soar. For travellers, the timing could not be worse. April is vacation time in the country and your annual family holiday might just be in peril.<\/p>\n","protected":false},"author":309,"featured_media":4410,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107],"tags":[3800,3802,3202,7827,7828,397,7829,7830,7831,5377,1180],"class_list":["post-4409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pov","tag-air-india","tag-airline","tag-best","tag-etihad","tag-indigo","tag-ipl","tag-jet-airways","tag-kingfisher","tag-lpg","tag-summer-vacation","tag-vijay-mallya"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bad Air Days: Could Jet Airways Ruin Your Summer Holiday Plans?<\/title>\n<meta name=\"description\" content=\"With cash-strapped Jet Airways suspending flights, air fares are likely to soar. 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April is vacation time in the country and your annual family holiday might just be in peril.","twitter_misc":{"Written by":"Adhirath Sethi","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"http:\/\/13.201.39.237\/?p=4409#article","isPartOf":{"@id":"http:\/\/13.201.39.237\/?p=4409"},"author":{"name":"Adhirath Sethi","@id":"http:\/\/13.201.39.237\/#\/schema\/person\/4c31442fba494aba716ba633a98a6b74"},"headline":"Bad Air Days: Could Jet Airways Ruin Your Summer Holiday Plans?","datePublished":"2016-03-21T16:58:44+00:00","mainEntityOfPage":{"@id":"http:\/\/13.201.39.237\/?p=4409"},"wordCount":1242,"image":{"@id":"http:\/\/13.201.39.237\/?p=4409#primaryimage"},"thumbnailUrl":"http:\/\/13.207.105.184\/wp-content\/uploads\/2026\/07\/1553492440.jpg","keywords":["Air India","Airline","best","Etihad","IndiGo","ipl","Jet Airways","kingfisher","LPG","Summer vacation","Vijay Mallya"],"articleSection":["POV"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"http:\/\/13.201.39.237\/?p=4409","url":"http:\/\/13.201.39.237\/?p=4409","name":"Bad Air Days: Could Jet Airways Ruin Your Summer Holiday Plans?","isPartOf":{"@id":"http:\/\/13.201.39.237\/#website"},"primaryImageOfPage":{"@id":"http:\/\/13.201.39.237\/?p=4409#primaryimage"},"image":{"@id":"http:\/\/13.201.39.237\/?p=4409#primaryimage"},"thumbnailUrl":"http:\/\/13.207.105.184\/wp-content\/uploads\/2026\/07\/1553492440.jpg","datePublished":"2016-03-21T16:58:44+00:00","author":{"@id":"http:\/\/13.201.39.237\/#\/schema\/person\/4c31442fba494aba716ba633a98a6b74"},"description":"With cash-strapped Jet Airways suspending flights, air fares are likely to soar. For travellers, the timing could not be worse. 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