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EZ Press Release -- April 17, 2010 CONSOLIDATES LEADERSHIP POSITION WITH 31% GROWTH IN INTERNATIONAL AND 22% INCREASE IN DOMESTIC TRAFFIC
Jet Airways, India’s premier international airline, today registered its fifth consecutive month of strong growth with the announcement of its results for February 2010, maintaining its leadership position in the Indian aviation industry.
Jet Airways continued to drive growth momentum even in a traditionally lean month, reporting a 31% growth in international passenger traffic for February 2010 as compared to the same period last year. Domestic passenger traffic in February 2010 also grew by 22% vis-a-vis the same period last year. The airline has been sustaining its seat factor for its international operations at over 80% for five consecutive months with the February 2010 figure standing at an impressive 82%, reflecting continued high demand for the airline’s award-winning international product.
JetLite, Jet Airways' all-economy subsidiary, registered a 10.4% growth in passenger traffic on a seat factor of 80% in February 2010.
Editors Synopsis:............Feb ’10...........Feb ’09.........% Growth
* Seat Factors (%) ..............75.0...............68.8..................21.7
* Revenue Passengers........726,388..........596,865
* Seat Factors (%) ............. 80.8 .............76.5................. 30.5
* Revenue Passengers......312,499............239,432
* Seat Factors (%) ............ 79.5 ..............74.5.................10.4
* Revenue Passengers......298,171...........270,197
According to Mr. Nikos Kardassis, CEO, Jet Airways, “Jet Airways continues to consolidate its leadership position in the Indian aviation industry with five consecutive months of impressive growth. The changed economic scenario has seen a steady rise in air traffic growth, while the strategic and network initiatives the airline has been implementing over the last couple of quarters have enabled Jet Airways to continually better its performance, while meeting and exceeding the expectations of its guests with its award-winning services."
The airline is set to sustain stronger growth with its strategic expansion program, introducing new routes in the international and domestic sectors.
In the international sector, the airline is launching a daily non-stop flight with a new state-of-the-art Airbus 330-200 aircraft from Mumbai to Johannesburg from April 14, 2010, as South Africa is home to a host of breath-taking opportunities and options in business, sports and tourism. The airline will also introduce a daily flight on the Thiruvananthapuram-Dammam sector, its third daily service to the kingdom of Saudi Arabia from India, effective March 28, 2010.
In the domestic sector, Jet Airways all-economy, no-frills Konnect service will introduce daily, direct services to Dehradun from New Delhi, effective March 28, 2010. In addition, JetLite, Jet Airways' all-economy subsidiary, recently introduced a new flight on the Kolkata–Agartala-Kolkata sector aboard a Boeing 737-700 aircraft from February 8, 2010.
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 4.66 years, the airline has one of the youngest aircraft fleet in the world.
Flights to 61 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 and Riyadh.
Jet Airways (including its all-economy, 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.
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 23 aircraft, which includes 16 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.