April 16, 2026 08:51 pm (IST)
Follow us:
Jet Lite to merge with Jet Airways
Mumbai, Sept 2 (IBNS): The Boards of Directors of Jet Airways (India) Limited and Jet Lite (India) Limited, the wholly owned subsidiary of Jet Airways, approved the merger of Jet Lite with Jet Airways.
This is subject to compliance with all applicable laws and regulations and the receipt of all corporate, regulatory, governmental, judicial approvals and third party consents.
The merger will further strengthen Jet Airways’ efforts in providing a consistent, single brand product and service offering across the network, leading to a stronger market presence.
Consequent to the merger, Jet Lite will become part of Jet Airways and operate as a separate division of Jet Airways. This will result in more focused operational efforts, realizing synergies in terms of compliance, governance, administration and costs.
Naresh Goyal, Chairman, Jet Airways said: “Jet Airways has made demonstrable progress in the implementation of its three-year turnaround strategy with the objective of returning to profitability. The merger of Jet Lite into Jet Airways is a key step to strengthen Jet Airways’ operations and create a seamless organization, delivering exceptional service to its guests.”
The Boards of Directors’ approval on Wednesday follows the earlier decision taken by Jet Airways to streamline and align its domestic operations, creating a strong, uniform Jet Airways master brand and implementing a consistent, full service, single brand strategy across the entire domestic airline operation. This move has been very well received by guests and stakeholders.
Recently, Jet Airways Group posted a significantly improved performance for the first quarter of FY16, achieving progress on all key fronts of the business with substantial growth in all major key performance indicators in a turbulent and competitive business environment. The three-year turnaround strategy and synergies from the strategic alliance with Etihad Airways have gained further momentum with a demonstrable positive impact on the business.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Rupee rises 9 paise, upside limited by dollar demand
Thu, Apr 16 2026
Sensex, Nifty rise as oil slips on West Asia de-escalation hopes
Thu, Apr 16 2026
FICCI appoints Anant Swarup as Secretary General
Wed, Apr 15 2026
Aditya Birla Capital Introduces ‘LeadHerShip’ to nurture next generation of women entrepreneurs in financial services
Wed, Apr 15 2026
LIC of India introduces MyLIC App. How will it benefit you?
Wed, Apr 15 2026
MTAR Technologies Ltd shares jump 10% on Bloom Energy–Oracle deal
Wed, Apr 15 2026