The temporary shutdown of Jet Airways may have enabled other airlines to raise their fares because of the gap in demand and capacity, seize premium slots at the Mumbai and Delhi airports, and operate more flights on the most-profitable routes.
But uncertainty surrounding Jet Airways’s fate is no cause for celebration for its competitors, and poses several challenges.
The Ministry of Civil Aviation announced that a slot allocation committee comprising the Airports Authority of India, airport operators and airlines, will re-distribute Jet Airways’s 440 slots at two of the busiest airports for a period of three months.