Jet Airways Enhances Leadership Position With Strong Growth In Load Factors For June 2010

Top Quote Jet Airways, India's premier international airline, has capitalised on the improvement in global business and leisure travel, posting strong passenger load factors for June 2010. End Quote
  • (1888PressRelease) July 22, 2010 - JET AIRWAYS & JETLITE RATED BEST ON TIME PERFORMERS AMONGST SCHEDULED DOMESTIC AIRLINES IN JUNE 2010 POSTING 86.8% AND 86.3% RESPECTIVELY

    Jet Airways, India's premier international airline, has capitalised on the improvement in global business and leisure travel, posting strong passenger load factors for June 2010, which also mark the ninth straight month of increase in passenger traffic for the airline. The airline has recorded an impressive growth in seat factors which stood at a high of 82.2%, with Jet Airways carrying 3.65 lakh revenue passengers internationally registering a buoyant 31% increase as compared to the same period last year.

    Jet Airways, domestic passenger traffic also grew by a robust 37.4% with the airline carrying 8.40 lakh domestic revenue passengers in June 2010. The seat factor for Jet Airways' domestic operations also stood at an impressive 80.5%, a marked improvement over the same period last year.

    JetLite, the wholly owned subsidiary of Jet Airways India Ltd, has also posted a remarkable 41% increase in revenue passengers, carrying over 3.69 lakh in June 2010. JetLite also clocked an impressive seat factor of 83.7% for June 2010, aided by improved services and enhanced reliability, which have enabled the airline to improve its penetration of the travel market in India.

    Equally impressive for the Jet Airways Group, was the On Time Performance posted by both Jet Airways and JetLite. As per figures released by the Director General of Civil Aviation, Jet Airways and JetLite both ranked amongst the top performing scheduled domestic airline on the critical service parameter of On Time Performance in June 2010 posting 86.8% and 86.3% respectively. Jet Airways and JetLite also continue to be the largest passenger airline group with a leading market share of 26.5% for the month of June 2010.

    Editors Synopsis:...........June'10..........June'09.........% Growth

    Domestic Operations
    * Seat Factors (%) ..............80.5...............67.7................18.8
    * Revenue Passengers........840,406..........611,763.............37.4

    International Operations
    * Seat Factors (%) ............. 82.2 .............78.4..................4.8
    * Revenue Passengers......364,594............278,722.............30.8

    JetLite
    * Seat Factors (%) ............ 83.7 ..............74.3.................12.8
    * Revenue Passengers......369,989...........286,386..............40.8

    According to Mr. Nikos Kardassis, CEO, Jet Airways, "Nine consecutive months of robust growth, underline the fact that Jet Airways, as a customer centric organization has been able to comprehend and capitalize on the resurgent trend in domestic and global air traffic. This growth has been achieved through the integration of operational efficiencies, effective network planning, strategic code shares, distinctive marketing initiatives and improved reliability on the important customer service parameter of On Time Performance, all of which has helped the airline stay a step ahead of the growth curve. More importantly, it has been the unwavering dedication and commitment of our team that has played a decisive role in helping enhance our leadership in the India aviation sector."

    About Jet Airways

    Jet Airways currently operates a fleet of 89 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 53 next generation Boeing 737-700/800/900 aircraft and 14 modern ATR 72-500 turboprop aircraft. With an average fleet age of 4.82 years, the airline has one of the youngest aircraft fleet in the world.

    Flights to 66 destinations span the length and breadth of India and beyond, including New York (both JFK and Newark), Toronto, Brussels, London (Heathrow), Johannesburg, Hong Kong, Singapore, Kuala Lumpur, Colombo, Bangkok, Kathmandu, Dhaka, Kuwait, Bahrain, Muscat, Doha, Abu Dhabi, Dubai, Jeddah, Sharjah, Dammam and Riyadh.

    Jet Airways (including its all-economy, no-frills Jet Airways Konnect service) operates over 400 flights daily.

    About Jet Airways Konnect

    Jet Airways Konnect is Jet Airways' all-economy service on key domestic routes, 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 200 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 40 inch seat pitch. The services include complementary in-flight reading material, a welcome drink, and complimentary hot meals on-board.

    About Jetlite

    JetLite is a wholly owned subsidiary of Jet Airways India Limited, and was acquired by Jet Airways in April 2007. Positioned as an all-economy, no-frills airline, JetLite operates a fleet of 23 aircraft, which includes 17 Boeing 737 series and 6 Canadian Regional Jets 200 Series. The airline flies to 25 domestic destinations and 2 international destinations (Kathmandu and Colombo), operating over 110 flights a day, on average.

    Jet Airways, Jet Airways Konnect, its all-economy, no-frills service, and JetLite have a combined fleet strength of 112 aircraft and operate over 500 flights daily.

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