Robust International Revenue Passenger Traffic Boosts Jet Airways' Growth In December 2010

Jan. 21, 2011 - PRLog -- Jet Airways, India's premier international airline, has capitalised on the improvement in global business and leisure travel, posting impressive passenger load factors for December 2010. The airline has registered a buoyant 15.3% growth in international revenue passenger traffic carrying 4.23 lakh guests in December 2010 as compared to 3.67 lakh in the same period last year. This inspite of major disruption of air traffic at United Kingdom and in the US due to inclement weather augurs well for the airline.

In the domestic market, revenue passengers grew by an 8.5%, with the airline carrying 9.23 lakh in December 2010, as compared to 8.51 lakh in the previous year. This growth at Jet Airways marks fourteen consecutive months of consistent growth. A fact mirrored in the domineering market share of 25.4 per cent held by the Jet Airways Group.

JetLite, the wholly owned subsidiary of Jet Airways India Ltd, has also clocked a impressive 19.7% growth carrying over 4.07 lakh passengers in the month of December 2010 as against 3.40 lakh in the previous year, aided by peak holiday season and improved services, which have enabled the airline to improve its penetration in the value carrier segment.

Jet Airways and JetLite registered on time performance with 85.4 per cent and 82.6 per cent respectively for the month of December.

According to Mr. Nikos Kardassis, CEO, Jet Airways, “A record breaking fourteen months of consecutive growth ratifies the fact that Jet Airways has been able to deliver on the promise of a superior guest experience. This is largely due to constant product innovation, effective network planning and strategic marketing initiatives, which we have implemented in the past year .Our enhanced domestic and international network capabilities, coupled with strategic code-shares, have further helped us deliver seamless travel solutions to our discerning guests. A marked increase in demand for our Premiere segment with the introduction of four course meals, further exemplifies our understanding of the dynamic needs of the Indian consumer.”


_____________________________ Dec’10 __________ Dec’09 ________ % Growth

Domestic Operations

Rev Passengers ____________ 923,567 __________ 851,550 _______ 8.5


International Operations

Rev Passengers ____________ 423,544 __________ 367,246 ______ 15.3

JetLite

Rev Passengers ____________ 407,945 __________ 340,719 ______ 19.7




About Jet Airways

Jet Airways currently operates a fleet of 97 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 55 next generation Boeing 737-700/800/900 aircraft and 20 modern ATR 72-500 turboprop aircraft. With an average fleet age of 4.95 years, the airline has one of the youngest aircraft fleets in the world. Flights to 71 destinations span the length and breadth of India and beyond, including New York (both JFK and Newark), Toronto, Brussels, London (Heathrow), Milan, Johannesburg, Hong Kong, Singapore, Kuala Lumpur, Colombo, Bangkok, Kathmandu, Dhaka, Kuwait, Bahrain, Muscat, Doha, Abu Dhabi, Dubai, Jeddah, Sharjah, Riyadh and Dammam.

About Jet Airways Konnect

Jet Airways Konnect service operates on key domestic routes, and is designed to meet the needs of the low-fare segment with value-for-money fares. Jet Airways Konnect links seven major metros - Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Ahmedabad and Kolkata – with several destinations across India, operating over 170 flights daily.

Konnect Select’ is a premium economy product introduced on certain Jet Airways Konnect flights. This new front cabin class features wider and more comfortable seats, with a 44-inch seat pitch. The services include complimentary in-flight reading material, a welcome drink, and complimentary hot meals on-board.

About JetLite

JetLite is a subsidiary of Jet Airways India Ltd. and was acquired by Jet Airways in April 2007. Positioned as an all-economy, no-frills airline, JetLite operates a fleet of 19 aircraft, which includes 18 Boeing 737 series and 1 Canadian Regional Jets 200 Series aircraft. The airline flies to 27 domestic destinations and 1 international destination (Kathmandu), operating over 110 flights a day, on average. Jet Airways, Jet Airways Konnect and JetLite have a combined fleet strength of 115 aircraft and operate over 500 flights daily.


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