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Jet Airways Reports July 2010 Traffic

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Capitalizing on the improvement in global business and holiday passenger traffic to overseas destinations, India’s Jet Airways has yet again achieved impressive seat factors of over 83.1% for its international operations. The airline clocked a strong 27.8% growth in international revenue passengers which stood at 3.89 lakh in July 2010 as compared to the same period last year.

Jet Airways and JetLite also achieved the highest on time performance among the scheduled domestic carriers for the second consecutive month in July 2010. As per statistics released by the Director General of Civil Aviation, Jet Airways and JetLite posted 89.1% and 90% respectively on the critical service parameter of On Time Performance in July 2010.

Jet Airways carried 7.82 lakh domestic revenue passengers in July 2010, while the seat factor for the airline's domestic operations was 73.8%, a marked improvement over the same period last year. This at a time that is considered the slack travel season, especially for domestic travel given the onset of the monsoons bodes well for the airline, as it has helped Jet Airways clock ten consecutive months of impressive growth in passenger traffic and also retain its overall market leadership.

JetLite, the wholly owned subsidiary of Jet Airways India Ltd, has similarly posted a 16% increase in revenue passengers, carrying over 3.27 lakh in July 2010. JetLite also clocked a buoyant seat factor of 76.8% for July 2010, aided by improved services and enhanced on time reliability, which have enabled the airline to improve its penetration in the value carrier segment.

Mr. Nikos Kardassis, CEO, Jet Airways, said, “The organization’s strong performance for the tenth-consecutive month highlights, that we are the preferred airline carrier both internationally and in India for our guests. Jet Airways has retained the leadership position in an increasingly competitive market thanks to several initiatives such as constant product and service innovation, newly introduced codeshares, improved On Time Performance, all of which has manifested itself in superior service quality, greater reliability and enhanced connectivity for our guests. More importantly, it has been the unwavering dedication and commitment of our employees that have played a decisive role in helping retain our leadership in the India aviation sector, while staying one step ahead of the growth curve.”

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