This is also important in the interest of shareholder, he added. "It is necessary to have a long-term view of the company prospects before asking people to invest in the venture," he added. "The company is doing fine but we want to improve the performance further," he said. The profit margin in this industry are always very thin and the recent race to cut down fare to retain or hike market share was instrument in bringing the industry at the brink of collapse," he said. However, the situation has been improving now.

Jet Airways nevertheless maintained its performance record and that is one of the reason the company does not have problems in raising debt, he said."We are raising funds at attractive rates. But because the interest rates in the country are veryhigh, we are borrowing from the international sources," he said.