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About
JetLite is a low-cost subsidiary airline of Jet Airways.
JetLite was formerly known as Air Sahara until the airline was bought out by Jet Airways and was then rebranded as JetLite. On 16 April Jet Airways announced that Air Sahara will be renamed as Jetlite.
JetLite had a buy on board service called JetCafe, which offered food for purchase in Economy while free meals were served in Business Class. As of February 2017, JetLite's fleet size is 8 aircraft and flies to 22 destinations.
JetLite was established in September 1991 and began operations in December 1993 as Sahara Airlines. Sahara Airlines was rebranded as Air Sahara in October 2000 and in 2004 became an international carrier with the start of flights from Chennai to Colombo, later expanding to London, Singapore, Maldives and Kathmandu.
In 1 December 2014 JetKonnect was integrated into Jet Airways ending its own operations, and now flies for them under code share, using its own Air Operators Certificate and flight code S2 till merger of the two companies is completed after approval. The aircraft fleet is also progressively being repainted in Jet Airways livery.
Fleet
Boeing 737-700 and Boeing 737-800s.
News
14th May 2018
Govt denies approval for Jet Airways-Jet Lite merger
The merger proposal was approved by the board of Jet Airways in September 2015 and was later cleared by the airline's shareholders in April 2016.
Jet Airways today said the government has not given approval for the merger of its subsidiary Jet Lite with itself, nearly three years after the proposal was announced by the full service carrier.
The merger proposal was approved by the board of Jet Airways in September 2015 and was later cleared by the airline's shareholders in April 2016.
In a BSE filing, the airline said the civil aviation ministry has not approved the merger of Jet Lite Ltd with itself. Consequently, the merger scheme stands revoked and cancelled, it added.
"Jet Lite (India) Ltd and Jet Airways (India) Ltd shall continue their respective operations as two separate legal entities with their respective Air Operator Certificates," the filing said.
The specific reasons for the rejection of approval for the merger could not be immediately ascertained.
Sahara Airlines was renamed as Jet Lite.
A Jet Airways spokesperson said it respects the decision of the ministry on the proposed scheme of merger.
In April 2007, Jet Airways had acquired Sahara Airlines for Rs 1,450 crore after an arbitration award and the latter was renamed as JetLite.
The merger would lead to greater efficiency in cash management of the merged entity and "unfettered access to cash flow generated by the combined business which can be deployed more efficiently to maximise shareholder value", the airline had said in April 2016.
Shares of Jet Airways declined 2.36 percent to close at Rs 499.80 apiece on the BSE.
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Jet Airways recently acquired Air Sahara, and will now be rebranded as Jetlite. Air Sahara was one of the first to launch when the government de-regulated the Indian domestic marker in 1993. Air Sahara becomes Jetlite Jet Lite is a wholly owned subsidiary of Jet Airways, one of India’s largest privately owned airlines. Jet Lite flies to 28 airports including 2 international destinations with 108 daily direct flights and offers appx 16000 seats per day. The full domestic network involves all the major cities of India plus many of the regional towns and airports. Specifically the airlines flies to: Ahmedabad, Allahabad, Bangalore, Bhubaneswar, Chennai (hub), Coimbatore, New Delhi (hub), Dibrugarh, Goa, Gorakphur, Guwahati, Hyderabad (hub), Indore, Jaipur, Kochi, Kolkata (hub), Lucknow, Mumbai (hub), Nagpur, Patna, Pune, Ranchi, Srinagar, Thiruvanathapuram, Varanasi and Visakhapatnam. Jet Lite’s International destinations are Colombo and Kathmandu. Jetlite Low cost Indian Flights It’s been a tough couple of years for this plucky airline, which has been in the forefront of developing Indian’s fast growing market for passenger air travel. The recent takeover by Jet Airways means Jetlite’s position will be between a low-fare and full service carrier. The good news is that Air Sahara continues to be the major sponsor of the Indian cricket team - it must be worth considering them for your Indian air travel on this basis alone. But like choosing a good Indian restaurant - look for the one the locals use - Air Sahara is definitely the airline of choice for domestic air travel in this fascinating, dynamic and sometimes over-whelming country. (Note: no apologies for this view being written from a terribly English perspective, what ?) Jet Airways recently acquired Air Sahara, and will rebrand the airline to Jetlite.
