As you might already know that I have been die-hard fan of Jet Airways and it’s frequent flyer program JetPrivilege for years till last year when it started showing the signs of end.

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I can slowly see desperation with Jet Airways using JetPrivilege to get some greens. They have been offering quite many offers to convert other currencies such as Banks or Airline to JPMiles which I have refused to even entertain despite of them being incredible offers.

Here are my past articles explaining slow death of Jet Airways

For Platinum Members

Earlier Jet Airways used to consider dietary requirement for passengers. Now they just select an item that they have excess of in their bistro cafe to be served to Platinum members. Your dietary requirement are irrelevant now.

Jet Airways celebrated 25th Anniversary last year. Since the declaration of anniversary year, all the news coming from Jet has been negative. As per various flight datas – Jet Airways is forced to decrease flights as it hasn’t been able to pay to Airline lessors.

Jet Airways had fleet of 119 planes in 2018. Currently 40 of those have been grounded as of today. There are chances that 12 more will be grounded by end of the March as it’s lease for those aircraft is due on 21 March and 28 March, which looks grim that they would be able to pay those leases.

Last March, Jet Airways was flying about 641 flights a day. Currently, as per the Flight Aware, they are flying 330 flights a day. The number is set to decrease as it looks Jet Airways won’t be able to pay it’s Airline Lessors.

Jet’s lessors, including many of the world’s biggest players such as GE Capital Aviation Services (GECAS), Aercap Holdings and BOC Aviation have already taken control of some their planes. They want to take their planes back permanently and end the lease of the aircraft. Once the planes are deregistered, they can be taken out of the country and leased to other airlines.

Initially, Jet Airways was arranging to shift passengers to Vistara and Air India. However, due to unpaid dues, both the airlines have now declined to take Jet’s passenger. Hence, only option is full cancellation and refund of the amount. As airline debt increases, it might be expected that those refund come slower than regular pace which was 7-8 days to maybe 15-16 days. If circumstances worsens, airline might end up not paying refuld all together if you booked with them too far out.

I have previously mentioned, and I would repeat again. Please don’t shore up more JPMiles. Use your available miles with a partner airline till they have partners available.

Already mentioned before

Only recourse Jet Airways has is to get help from outside – which might be a Bank or another airline – for now looks like Etihad Airways. However, Etihad has just posted loss of 1.8 Billion USD for year 2018-19. Which might make it hard for them to infuse more Cash into Jet. Jet is also roughly 1 Billion USD in red causing major upheaval in aviation Industry. They are yet to pays salary of so many of their staffs.

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Cody is a travel consultant and full-time traveler from India. He holds a deep background in Network and Network Security. Something that enabled him to develop the hacker mindset. He uses his hacker mindset to travel Luxuriously and to stay in suites in 5-star hotels and resorts and fly business or first class at very economical prices by applying various travel hacks to enrich his and his client's life. He helps people maximizing their travel portfolio. He believes that your current travel should reward your future travels. Cody initially traveled as a backpacker and stayed in modest locations and over the period has improved his life by using all his travel hacks to stay in top-end luxury locations across the world. Cody has traveled over 60 countries in last 5 years. Cody is a blogger, motivator, storyteller, travel consultant and a life coach. He has been featured in multiple publications such as Times of India, Dainik Bhaskar, magazines such as Men’s Health. He was invited to inspire people on a platform such as TEDx. He has trained over 100s of people achieve their lifestyle goals.


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