Archives for 26 Apr,2018

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Passengers Can Now Bid For An Upgrade On Jet Airways!

Jet Airways passengers travelling in economy and premier class will now be able to bid for an upgrade to a higher class of travel. This offer is called ‘JetUpgrade’ and is being introduced for the first time amongst airlines in India.

Here are the details about ‘JetUpgrade’ –

  • This offer allows all guests holding confirmed economy or premiere tickets of the airline to bid for an upgrade to premiere or first class, respectively.
  • To avail an upgrade, interested guests can place a bid on the Jet Airways website under the ‘manage my booking’ section, stating the amount they’re willing to bid for the upgrade.
  • The bidding will open at least seven days prior to the flight’s departure date and will close 24 hours before scheduled departure time.
  • Guests can modify, or even cancel their bids. However, they will not be able to withdraw their bid, once the bid is accepted as per the defined timelines.
  • All bidders will need to submit their credit card details during the bidding process but only the card of the winning bidder will be charged.
  • A revised e-ticket will be sent to the winning bidder. The original booking of all other guests will remain unaffected.
  • Jet Airways will notify the guests about the bids and their status via email well in advance of the flight’s departure.

The ‘JetUpgrade’ is an ‘industry first’ and with this service, Jet Airways looks to raise the industry benchmark for passenger experience by giving passengers the choice to upgrade to a better seat.

Launched in collaboration with ‘PlusGrade’, market-leading provider of upgrade solutions, ‘JetUpgrade’ has been made available across the airline’s entire network of 65 domestic and international destinations, and on all flights operated by it. The Jet Airways Group currently operates a fleet of 120 aircrafts domestically and internationally.

If you want to know more about the offer’s available to you on your airline, simply download the AirWhizz App. Get information about airline policies and offers on the app itself and plan your trip on the move.

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Government Receives 150 Queries For Air India Sale!

Air India can breathe a sigh of relief. The government has received around 150 queries about Air India sale from companies, which include foreign and Indian carriers, as well as non-aviation entities.

The queries that the government has received from these companies are mostly about the value of debt, employees future and the management of the national carrier. Business Consultants, Ernst And Young(EY) are acting as transaction advisors for the government and will respond to these queries. They will also seek clarification from the government in case there are any changes in the terms of sale.

This comes as a great news for the airline and government, as major players such as Indigo, Jet Airways and Tata Group ruled themselves out for acquiring stake in the airline. However, there is a chance that IndiGo might rethink their decision in case the government changes its policies regarding the airline sale.

Last week the government announced that firms not related to the aviation industry can also bid for Air India as long as they have the financial capability to take over and run the airline. Foreign airlines such as Lufthansa, Air France, KLM and Private equity firms BlackRock and Temasek are amongst the entities which have expressed interest and sent queries about the airline.

According to the terms of the deal, the government has to sell 76 percent stake in Air India along with its low-cost subsidiary Air India Express. 50 percent stake of AISATS is also up for sale.AISATS is a joint venture between Air India and SATS Limited, who is a leading airport service and food solutions provider in Asia.

The last date of submitting queries by interested parties was April 16th 2018. EY will respond to the queries by April 30th 2018. The Last date for submitting the formal Expression of Interest(EoI) by prospective buyers is May 14th 2018 and qualified bidders will be informed by the government by May 28th 2018.

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