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Jet Airways (India) Limited - 16th Annual Report 2007-08<br />
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN ExCHANGE<br />
22. Particulars as prescribed pursuant to Section 217(1) (e) of the Companies Act, 1956 read<br />
with Companies (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988 in<br />
respect of these items are given below:<br />
a. Conservation of Energy:<br />
The Company has during the year under review continued to rigorously monitor<br />
fuel consumption of all aircraft on an on-going basis, and taken various<br />
measures to optimize consumption. The average age of the Company’s fleet as<br />
on 31st March, 2008 was 4.24 years, a factor that contributes to fuel efficiency. The<br />
Company also maintains fuel-efficient operations with regard to its ground equipment<br />
and vehicles.<br />
b. Technology Absorption<br />
DIRECTORS<br />
• Training of Pilots:<br />
During the year under review, the Company installed and commissioned at its<br />
Simulator Centre in Mumbai two full flight simulators and related equipment to<br />
train Pilots on the Boeing 777 and Airbus 330 aircraft respectively.. The Company<br />
continued to give Pilots endorsement and refresher training for Boeing-737 aircraft<br />
at the Simulator Training Centre. The training was conducted by the Company’s own<br />
Instructors. The Company’s Pilots were given endorsement and refresher training for<br />
ATR aircraft at ATR’s simulator facility at Bangkok. This training was also conducted<br />
by the Company’s own instructors.<br />
• IT initiatives:<br />
The Company continued to upgrade all applications in use, both in its operations and<br />
in Management Information Systems.<br />
23. Dr. Vijay L. Kelkar resigned from the Board pursuant to his appointment as Chairman of the<br />
Finance Commission. The Directors place on record his invaluable contribution and guidance to<br />
the Board and to the Management during his tenure as Director and as a member of the Audit<br />
Committee.<br />
24. Mr. S. G. Pitroda, Mr. Javed Akhtar, Mr. Saroj K. Datta and Mr. Ali Ghandour retire by<br />
rotation at the ensuing Annual General Meeting and, being eligible, offer themselves for<br />
re-appointment.<br />
25. The Directors recommend the re-appointment of Mr. Saroj K. Datta as Executive Director of<br />
the Company, subject to the approval of the Central Government, of the Terms and Conditions<br />
of his appointment.<br />
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