EZ Press Release  -- June 6, 2010 SBI Credit Cardholders will get 0% EMI scheme option for flight ticket repayments

Jet Airways, India’s premier international airline, today announced a tie-up with SBI Card –the joint offering from State Bank of India and GE Capital, to offer its guests a unique travel option. This arrangement is aimed at making air travel more affordable for guests across India. Jet Airways’ guests can now opt to convert their air tickets purchased on www.jetairways.com, using an SBI Credit Card into a zero per cent equated monthly installment (EMI).

Under this offer, SBI Credit Cardholders would be able to choose an option to convert their ticket purchases on jetairways.com into a zero percent EMI with tenure of 6 months. 

Mr. Sudheer Raghavan, Chief Commercial Officer of Jet Airways, said “Jet Airways is committed to significantly enhance the travel options available for all its guests, with an eye on convenience. The tie up with the SBI Card is another unique travel option aimed at making air travel more economical and cost-effective for family travel. This new scheme bears testimony to our customer-centric approach wherein Jet Airways’ has time and again created products catering to the specific travel needs of our guests.”

This scheme will help a family to undertake visits to tourist spots and encourage domestic tourism, he further added.

 “We are delighted to partner with Jet Airways and offer SBI Card holders an affordable travel option. This offering is in line with our focus on the travel segment as it enables air travelers a unique opportunity to fly now and pay later without any additional costs.,” said Mr. Abhay Kumar Singh, CEO, SBI Cards & Payment Services Pvt. Ltd.

About Jet Airways 
Jet Airways currently operates a fleet of 87 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 51 next generation Boeing 737-700/800/900 aircraft and 14 modern ATR 72-500 turboprop aircraft. With an average fleet age of 4.69 years, the airline has one of the youngest aircraft fleet in the world.

Flights to 65 destinations span the length and breadth of India and beyond, including New York (both JFK and Newark), Toronto, Brussels, London (Heathrow), 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-econo

my, no-frills Jet Airways Konnect service) operates over 380 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 five major metros- Mumbai, Delhi, Chennai, Bengaluru and Kolkata - with several destinations across India, operating over 195 flights daily.

About Jetlite
JetLite is a wholly owned 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 25 aircraft, which includes 18 Boeing 737 series and 7 Canadian Regional Jets 200 Series. The airline flies to 28 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 490 flights daily.

About SBI Card
SBI Card is a joint venture between State Bank of India and GE Capital to offer Indian consumers extensive access to a wide range of world-class, value-added payment products and services. The partners have set up two joint venture companies to develop a credit card business in India -- SBI Cards & Payment Services Pvt. Ltd., which focuses on the marketing and distribution of SBI Card and GE Capital Business Processes Management Services Pvt. Ltd., which handles the technology and processing needs of SBI Card. Visit www.sbicard.com for more details.


Jet Airways, Jet Airways Konnect, its all-economy, no-frills service, and Jetlite have a combined fleet strength of 112 aircraft and operate over 490 flights daily.