Jet Airways - Vietnam Airlines Comprehensive Strategic Cooperation

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  • (1888PressRelease) October 18, 2011 - On the occassion of the state visit of President Truong Tan Sang's to the Republic of India, Jet Airways and Vietnam Airlines have signed a MOU on their Strategic Cooperation which comprehensively cover the areas of Commercial, Services, Technical, and Training. This agreement was signed in the presence of H.E. Mr Truong Tan Sang, Confederation of Indian Industries (CII) President Mr Muthuraman, members of the Vietnamese delegation and Captains of the Indian industry.

    Witnessing the signing ceremony, H.E. the President of Vietnam Mr Truong Tan Sang appreciated the warmth between the two airlines and believes that this will be translated into a fruitful cooperation between the two airlines. H.E. the President also stressed that the development of the relationship between the two countries needs such partnerships.

    Subject to approval of respective governments, Jet Airways and Vietnam Airlines will jointly evaluate and implement services between India and Vietnam. This direct flight partnership between the leading airlines of Vietnam and India shall greatly contribute to the development of tourism, as well as boosting the investment and trade relations between the two countries.

    Mr Naresh Goyal, Chairman of Jet Airways stressed: "This agreement with Vietnam Airlines is an integral part of our strategy for increased international growth and providing seamless service for travelers between India and Vietnam. Today's milestone is a momentous occasion in our history and we look forward to the future of cooperation and collaboration with Vietnam Airlines, bringing greater benefits to our distinguished passengers.

    "The signing of this MOU agreement with Jet Airways - India's largest private airline today is one step to realize the two countries strategic partner commitment. We believe that the direct flights between India and Vietnam shall bring benefits to our customers, creating all favourable conditions to bring the two countries traditional and multi-faceted relationship to a more practical and efficient level", said Dr. Pham Ngoc Minh, President and CEO of Vietnam Airlines.

    About Jet Airways

    Jet Airways currently operates a fleet of 98 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 56 next generation Boeing 737-700/800/900 aircraft and 20 modern ATR 72-500 turboprop aircraft. With an average fleet age of 5.61 years, the airline has one of the youngest aircraft fleets in the world. Flights to 75 destinations span the length and breadth of India and beyond, including Abu Dhabi, Bahrain, Bangkok, Brussels, Colombo, Dammam, Dhaka, Doha, Dubai, Hong Kong, Jeddah, Johannesburg, Kathmandu, Kuala Lumpur, Kuwait, London(Heathrow), Milan, Muscat, New York (both JFK and Newark), Riyadh, Sharjah, Singapore and Toronto.

    About Jet Airways Konnect

    Jet Airways Konnect service operates on key domestic routes, and is designed to meet the needs of the low-fare segment with value-for-money fares. Jet Airways Konnect links seven major metros - Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Ahmedabad and Kolkata - with several destinations across India, operating approximately 290 flights daily.

    About JetLite

    JetLite is a subsidiary of Jet Airways India Ltd. and was acquired by Jet Airways in April 2007. Positioned as an all-economy, no-frills airline, JetLite operates a fleet of 18 Boeing 737 series aircrafts. The airline flies to 27 domestic destinations and 1 international destination (Kathmandu), operating 123 flights a day, on average.

    Jet Airways, Jet Airways Konnect and JetLite have a combined fleet strength of 116 aircraft and operate over 620 flights daily.

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