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Thursday, October 18, 2007

Jet Airways to save $10 m on pilot training

Mumbai: Jet Airways has gone the cost effective way to train its pilots through two new in-house flight simulators. According to the CEO of Jet Airways, Mr Wolfgang Prock-Schauer, the company would be saving $10 million annually on pilot training, which the company was incurring by sending them abroad.
This takes the total number of simulators with Jet to four with a total investment being $60 million ($15 million each).
�We have a total of 850 pilots and sending them abroad for training on simulators was costing us $1,000 per hour, around $500 per hour on training and then on their boarding and lodging,� said Mr Schauer.
Jet got its first two Boeing 737 simulators in the year 2000 and 2005 respectively, the new ones are for Boeing 777 and Airbus 330-340, which the company received last month.
17/10/07 Business Line/Moneycontrol.com

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