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PRODUCTIONS AND OPERATIONS MANAGEMENT
                            A
                     Presentation
                            on
            Naresh Goyal And Jet Airways




       Submitted to                        Submitted By
       Prof. Chirag Patel                  Monika Soni
       DBM -SPCE                           Monika Mishra
                                           Dhaval Patel
                                           Mavaji Chaudhari
irways
BIOGRAPHY:
 Born in Patiala, Punjab, India in 1949.
 Goyal moved to Delhi to work in his uncle's travel
  agency - a modest first step to building a hugely
  successful business.
 As an international airline agent, Goyal understood
  the industry and as an Indian, he knew the
  frustration felt by India's middle classes towards the
  state-owned carriers.
 So he decided to launch his own airlines for the
  domestic air- travel specially to cater the needs of
  India’s middle class.
   In May 1974, Naresh Goyal founded Jet air (Private)
    Limited to look after Sales and Marketing operations of
    foreign airlines in India.
    Naresh Goyal took advantage of Open Skies Policy of
    the Government of India and set up Jet Airways.
    After degree he was appointed as the public relation
     manager of Iraqi Airways in 1969.
    from 1971 to 1974 was the regional manager for ALIA,
     Royal Jordanian Airlines.
    After that worked with the Indian offices of Middle
     Eastern Airline, where he gained experience in various
     areas including ticketing, reservations and sales.
ACHIEVEMENTS
 According to Forbes he is the 96th richest person in
  India with net worth of $435 million
 On November 16, 2011, in a unique honour,
  Belgium conferred the "Commandeur of the Order
  of Leopold II", one of the country’s highest civilian
  distinctions, to Mr. Naresh Goyal,
 On August 6, 2010, Mr. Goyal received the
  prestigious Lifetime Achievement Award by the
  Travel Agents Association of India (TAAI)
 Honoured at the fourth edition of the prestigious
  CNBC TV18 India Business Leader Awards, in the
  ‘Taking India Abroad’ award category, at the Taj
  Lands End, Mumbai on January 22, 2009
POSITIONS HELD BY
NARESH GOYAL

He is the present Chairman of Jet Airways
 Mr. Goyal was also appointed Chairman of Jet Lite
 in 2007
 Mr. Goyal currently serves on the prestigious
 International Air Transport Association (IATA) Board
 of Governors for the year 2009-2010
JET AIRWAYS
 The   Jet Airways was founded on 1993 by Naresh
    Goyal

 With   its first flight in 1993, Jet Airways has come a
    long way to becoming the fastest growing airlines in
    the world- now all set to change the way you fly- for
    the better

    Jet Airways is offering76 Destinations- Each
    connected every 5 minutes.

 Jet   airways take acquisition and subsequent re-
    branding of the erstwhile Sahara Airlines Limited
SPECIAL SERVICES….
 Infant and child care
 Expectant mothers

 Unaccompanied minors

 Medical case

 Extra seat

 Guests with disabilities

 Travel with pets
THE BIG GAMBLE
 To start an Airline was not a small thing and
  involved a big risk.
 Mr Goyal was able to persuade a group of Middle
  East investors to back him and with the help of this
  backup he launched Jet Airways.
 It was a big gamble, but Goyal sensed that
  deregulation was in the air. Sure enough, India's
  state monopoly over scheduled air transport ended
  in 1994.
SERVICES SALES
   Jet has since put its rivals to shame by offering
    high-quality service, comfort, and reliability, yet it
    operates on a break-even of 65 per cent seat sales
    - 20 per cent below that of many rivals.

SERVICE TRACKER
 What is it? =>One type of Questionnaire.
 More then 57000 tracker were collected and
  analysed.
 Includes various aspects of services.
 Four scale based feedback.
 Examples of questions.
Mile Stones
   1993: Jet Airways begins domestic operations flying
    Boeing 737 jets.
   1997: Kuwait Airways and Gulf Air sell their stakes in Jet
    Airways.
   1999: A regional network is launched with turboprop
    aircraft.
   2004: The first international services are started.
   2007: Acquired Air Sahara and re-launched it as jet lite.
MARKET SHARE
Q.1 The market share of Jet Airways is falling due to
intense competitions .Should Jet continue its focus
upon business customer under current competitive
scenario?

  Jet Airways adopt marketing mix (4p’s) strategy for
  holding its market share in the business.
 The merger of Air India with Indian       is creating
  another entity,
 Which would pose competition to the leadership
  position of Jet Airways.
 To spiraling    growth rates in travel by business
  travelers
 Adopt aggressive stance against its competitors
Q.2 The services tracker instruments devised by
Jet Airways tracking its services quality is a better
instruments than the SERVQUAL instruments. Do
you agree with the statement ? if yes , why?

   Yes , The services tracker instruments devised by
    Jet Airways tracking its services quality is a better
    instruments than the SERVQUAL instruments.
   The service tracker instrument of Jet Airways is far
    more comprehensive.
   Help in identifying any specific areas of
    improvement in the various operations of the airline
   It is fundamentally based upon the sequential
    incident technique.
Q.3 The current yield management system used by the Jet
Airways can be improvised further by prompt communication
with potential customer and ensuring full occupancy in all
flights. What is your opinion?

    The yield management system used by Jet Airways has
     scope for improvement.
    System developed by company when flights is depart from
     airport, to confirm no seats are vacant.
    So it can be ensured that even the last vacant seat before
     the flight departure is sold out to some customer, who is
     willing to travel the benefit of economical fares.
Naresh goyal and jet airways

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Naresh goyal and jet airways

  • 1. PRODUCTIONS AND OPERATIONS MANAGEMENT A Presentation on Naresh Goyal And Jet Airways Submitted to Submitted By Prof. Chirag Patel Monika Soni DBM -SPCE Monika Mishra Dhaval Patel Mavaji Chaudhari
  • 3. BIOGRAPHY:  Born in Patiala, Punjab, India in 1949.  Goyal moved to Delhi to work in his uncle's travel agency - a modest first step to building a hugely successful business.  As an international airline agent, Goyal understood the industry and as an Indian, he knew the frustration felt by India's middle classes towards the state-owned carriers.  So he decided to launch his own airlines for the domestic air- travel specially to cater the needs of India’s middle class.
  • 4. In May 1974, Naresh Goyal founded Jet air (Private) Limited to look after Sales and Marketing operations of foreign airlines in India.  Naresh Goyal took advantage of Open Skies Policy of the Government of India and set up Jet Airways.  After degree he was appointed as the public relation manager of Iraqi Airways in 1969.  from 1971 to 1974 was the regional manager for ALIA, Royal Jordanian Airlines.  After that worked with the Indian offices of Middle Eastern Airline, where he gained experience in various areas including ticketing, reservations and sales.
  • 5. ACHIEVEMENTS  According to Forbes he is the 96th richest person in India with net worth of $435 million  On November 16, 2011, in a unique honour, Belgium conferred the "Commandeur of the Order of Leopold II", one of the country’s highest civilian distinctions, to Mr. Naresh Goyal,  On August 6, 2010, Mr. Goyal received the prestigious Lifetime Achievement Award by the Travel Agents Association of India (TAAI)  Honoured at the fourth edition of the prestigious CNBC TV18 India Business Leader Awards, in the ‘Taking India Abroad’ award category, at the Taj Lands End, Mumbai on January 22, 2009
  • 6. POSITIONS HELD BY NARESH GOYAL He is the present Chairman of Jet Airways  Mr. Goyal was also appointed Chairman of Jet Lite in 2007  Mr. Goyal currently serves on the prestigious International Air Transport Association (IATA) Board of Governors for the year 2009-2010
  • 7. JET AIRWAYS  The Jet Airways was founded on 1993 by Naresh Goyal  With its first flight in 1993, Jet Airways has come a long way to becoming the fastest growing airlines in the world- now all set to change the way you fly- for the better  Jet Airways is offering76 Destinations- Each connected every 5 minutes.  Jet airways take acquisition and subsequent re- branding of the erstwhile Sahara Airlines Limited
  • 8. SPECIAL SERVICES….  Infant and child care  Expectant mothers  Unaccompanied minors  Medical case  Extra seat  Guests with disabilities  Travel with pets
  • 9. THE BIG GAMBLE  To start an Airline was not a small thing and involved a big risk.  Mr Goyal was able to persuade a group of Middle East investors to back him and with the help of this backup he launched Jet Airways.  It was a big gamble, but Goyal sensed that deregulation was in the air. Sure enough, India's state monopoly over scheduled air transport ended in 1994.
  • 10. SERVICES SALES  Jet has since put its rivals to shame by offering high-quality service, comfort, and reliability, yet it operates on a break-even of 65 per cent seat sales - 20 per cent below that of many rivals. SERVICE TRACKER  What is it? =>One type of Questionnaire.  More then 57000 tracker were collected and analysed.  Includes various aspects of services.  Four scale based feedback.  Examples of questions.
  • 11. Mile Stones  1993: Jet Airways begins domestic operations flying Boeing 737 jets.  1997: Kuwait Airways and Gulf Air sell their stakes in Jet Airways.  1999: A regional network is launched with turboprop aircraft.  2004: The first international services are started.  2007: Acquired Air Sahara and re-launched it as jet lite.
  • 13. Q.1 The market share of Jet Airways is falling due to intense competitions .Should Jet continue its focus upon business customer under current competitive scenario?  Jet Airways adopt marketing mix (4p’s) strategy for holding its market share in the business.  The merger of Air India with Indian is creating another entity,  Which would pose competition to the leadership position of Jet Airways.  To spiraling growth rates in travel by business travelers  Adopt aggressive stance against its competitors
  • 14. Q.2 The services tracker instruments devised by Jet Airways tracking its services quality is a better instruments than the SERVQUAL instruments. Do you agree with the statement ? if yes , why?  Yes , The services tracker instruments devised by Jet Airways tracking its services quality is a better instruments than the SERVQUAL instruments.  The service tracker instrument of Jet Airways is far more comprehensive.  Help in identifying any specific areas of improvement in the various operations of the airline  It is fundamentally based upon the sequential incident technique.
  • 15. Q.3 The current yield management system used by the Jet Airways can be improvised further by prompt communication with potential customer and ensuring full occupancy in all flights. What is your opinion?  The yield management system used by Jet Airways has scope for improvement.  System developed by company when flights is depart from airport, to confirm no seats are vacant.  So it can be ensured that even the last vacant seat before the flight departure is sold out to some customer, who is willing to travel the benefit of economical fares.