Seoul: Former partners and rivals of Jet Airways Ltd are launching replacement routes and looking for new codeshare partners as they scramble to fill a lucrative gap left by the collapse of the India’s once-largest international airline.
Jet, which halted operations on 17 April after running out of cash, had a market share of around 12% on international flights to and from India in 2018, according to government statistics, outstripping even national carrier Air India.
In Jet’s absence, cash-strapped Air India is the only Indian carrier that operates widebody jets capable of non-stop flights to Europe and the United States, although the Vistara joint venture owned by Tata Sons and Singapore Airlines Ltd has 6 Boeing Co 787s on order due for delivery from next year.
