Mumbai,January 23,2009: Jet Airways Chairman Naresh Goyal has been honoured at the fourth edition of the prestigious CNBC TV18 India Business Leader Awards,in the ‘Taking India Abroad’ award category,at the Taj Lands End,Mumbai on January 22,2009.
The award was given away by Shri Narendra Modi,Honourable Chief Minister of Gujarat,in the presence of an august gathering of industrialists,bankers and other eminent personalities, including Shri Ashok Chavan,Honourable Chief Minister of Maharashtra and Shri Kamal Nath,Honourable Minister for Commerce and Industry,among others.
The CNBC TV18 India Business Leader Awards,the definitive awards celebrating the spirit of excellence in business leadership in India,recognise leaders who create and sustain entrepreneurial initiatives,develop best practices and carve out powerful businesses in the global economy.
According to Mr.Goyal,“At Jet Airways,we have endeavoured to create a truly international brand,yet one that retains its intrinsic Indian core. With the airline’s commitment to excellence in every sphere of its operations, Jet Airways has attempted to redefine international travel, and keep India’s flag flying high around the world.I dedicate this award to the Jet Airways family around the world, and to our customers,for choosing to fly with India’s premier international airline.”
Thursday, January 29, 2009
Wednesday, January 28, 2009
Jet Airways & Jetlite Announce Spl Instant Purchase Fare On Select Domestic Routes,23rd January 2009
Mumbai,January 23,2009: Jet Airways,and its all economy subsidiary JetLite have announced Special Instant Purchase fares on select domestic routes,effective January 23,2009.
These fares,offering a 50% discount on the basic fare and surcharges in Economy Class, may be booked and purchased over for the next three days only,namely January 23, 24 and 25,2009.However,the PSF (passenger service fee) will have to be fully borne by the customers.
Customers purchasing tickets under this scheme from today may commence outbound travel on an immediate basis.
For more details,passengers may log on to jetairways.com or call the airline’s call centre at 3989 3333 or toll-free number on 1800-22-55-22.
These fares,offering a 50% discount on the basic fare and surcharges in Economy Class, may be booked and purchased over for the next three days only,namely January 23, 24 and 25,2009.However,the PSF (passenger service fee) will have to be fully borne by the customers.
Customers purchasing tickets under this scheme from today may commence outbound travel on an immediate basis.
For more details,passengers may log on to jetairways.com or call the airline’s call centre at 3989 3333 or toll-free number on 1800-22-55-22.
Tuesday, January 27, 2009
Jet Airways Introduces Attractive International Fares On Select Routes
January 21, 2009: Jet Airways has introduced a range of special fares across all product classes,on select routes across North America,Europe, UK,South East Asia,Hong Kong and the Gulf.
The airline has introduced special First Class and Première fares for customers when they travel to London, Brussels, Europe, UK, New York, Toronto, as well as Asian and Gulf destinations. To avail of these promotional fares, it is mandatory for two customers to commence outbound travel together and be booked under the same PNR. However, the inbound travel may be on different dates.
North America/UK/Europe
In this special offer, valid for two people travelling together First Class to London from Mumbai/Delhi, Jet Airways has introduced a special fare of INR 2,00,000 per person.* Jet Airways’ Première fare offer on the same route is INR 75,000 per person.
Similarly with this scheme, the airline’s Première customers travelling to Brussels can avail of a fare of INR 85,000 per person, for travellers to select European destinations (via Brussels),* the fare is INR 90,000 per person and INR 1,00,000 per customer for those travelling to New York and Toronto.*
Sale of these promotional fares and travel, on both First Class as well as Première are valid with immediate effect. However, customers must complete their ticket purchase by February 5, 2009 and outbound travel by February 28, 2009.
ASEAN/Hong Kong
These special fares, from INR.17,000* onwards, are also valid for two persons travelling together on Première, to Bangkok, Hong Kong and Singapore. Sale of these promotional fares and travel are valid with immediate effect. However, customers must complete their ticket purchase and outbound travel by March 31, 2009.
Gulf
Two Jet Airways customers commencing outbound travel together to Kuwait, Bahrain, Muscat, Doha, Abu Dhabi and Dubai may avail of a special Première fare of INR 20,000 per person.* Sale of these promotional fares and travel are valid with immediate effect. However, customers must complete their ticket purchase by February 15, 2009 and outbound travel by February 28, 2009.
Exciting offers for Jet Airways' individual international travellers:
Individual travellers flying First Class may also earn a free return Première ticket on Jet Airways’ extensive domestic network, while those flying Première internationally may also earn a free return Economy Class domestic ticket.*
Additionally, for individual customers travelling to New York, Jet Airways has introduced Economy Class fares starting at INR 24,000 and Première fares from INR 1,05,000 onwards from select Indian cities.*
For Toronto bound customers, Jet Airways has introduced individual Economy Class fares starting from INR 25,000 and Première fares from INR 1,10,000 out of select Indian cities.*
In addition, Jet Airways has also introduced special ‘Magic Carpet’ fares for individual Première customers travelling to Kuwait, Bahrain, Muscat, Doha, Abu Dhabi and Dubai in the Gulf.
For more information, passengers may log on to jetairways.com or Jet Airways’ call centre at 3989-3333 or toll-free number 1800-22-55-22.
The airline has introduced special First Class and Première fares for customers when they travel to London, Brussels, Europe, UK, New York, Toronto, as well as Asian and Gulf destinations. To avail of these promotional fares, it is mandatory for two customers to commence outbound travel together and be booked under the same PNR. However, the inbound travel may be on different dates.
North America/UK/Europe
In this special offer, valid for two people travelling together First Class to London from Mumbai/Delhi, Jet Airways has introduced a special fare of INR 2,00,000 per person.* Jet Airways’ Première fare offer on the same route is INR 75,000 per person.
Similarly with this scheme, the airline’s Première customers travelling to Brussels can avail of a fare of INR 85,000 per person, for travellers to select European destinations (via Brussels),* the fare is INR 90,000 per person and INR 1,00,000 per customer for those travelling to New York and Toronto.*
Sale of these promotional fares and travel, on both First Class as well as Première are valid with immediate effect. However, customers must complete their ticket purchase by February 5, 2009 and outbound travel by February 28, 2009.
ASEAN/Hong Kong
These special fares, from INR.17,000* onwards, are also valid for two persons travelling together on Première, to Bangkok, Hong Kong and Singapore. Sale of these promotional fares and travel are valid with immediate effect. However, customers must complete their ticket purchase and outbound travel by March 31, 2009.
Gulf
Two Jet Airways customers commencing outbound travel together to Kuwait, Bahrain, Muscat, Doha, Abu Dhabi and Dubai may avail of a special Première fare of INR 20,000 per person.* Sale of these promotional fares and travel are valid with immediate effect. However, customers must complete their ticket purchase by February 15, 2009 and outbound travel by February 28, 2009.
Exciting offers for Jet Airways' individual international travellers:
Individual travellers flying First Class may also earn a free return Première ticket on Jet Airways’ extensive domestic network, while those flying Première internationally may also earn a free return Economy Class domestic ticket.*
Additionally, for individual customers travelling to New York, Jet Airways has introduced Economy Class fares starting at INR 24,000 and Première fares from INR 1,05,000 onwards from select Indian cities.*
For Toronto bound customers, Jet Airways has introduced individual Economy Class fares starting from INR 25,000 and Première fares from INR 1,10,000 out of select Indian cities.*
In addition, Jet Airways has also introduced special ‘Magic Carpet’ fares for individual Première customers travelling to Kuwait, Bahrain, Muscat, Doha, Abu Dhabi and Dubai in the Gulf.
For more information, passengers may log on to jetairways.com or Jet Airways’ call centre at 3989-3333 or toll-free number 1800-22-55-22.
Wednesday, January 21, 2009
Jet Airways & ICICI Lombard Announce ‘Jetprotect’For Domestic And Overseas Travel Insurance On jetairways.com
Jan 20,2009: Jet Airways & ICICI Lombard have collaborated to launch a unique overseas & domestic travel insurance product ‘JetProtect’ which offers security against possible risks during travel.JetProtect can be purchased solely by visiting Jet Airways’ website – www.jetairways.com. With this recent online offering, Jet Airways has yet again succeeded in launching an innovative product and service by leveraging technology.
The overseas and domestic travel insurance policy covers a host of situations such as medical expenses caused by accidents, possible loss from trip cancellation, loss or delay of checked in baggage,compassionate visit by a relative in case of illness and much more.
The insurance policy can be purchased on the airline website simultaneously while booking flight tickets.In case a Jet Airways ticket has already been purchased through any other channel, customers have the option of purchasing insurance by visiting the ‘Purchase Policy’ section under ‘Plan Your Travel’ on jetairways.com. The e-policy is issued instantly without any paperwork with immediate confirmation via email and sms. Policy servicing such as changes or extensions can be submitted online and claims can be intimated 24x7 on a toll free number.
‘Jet Protect’ covers claims arising out of acts of terrorism. It also includes a special cover to protect the customers’ home against the risk of burglary or fire while the airline customer is travelling in India.
JetProtect offers:
. Customized plans specially designed for Jet Airways customers
. Online policy purchase with minimum details
. Instantly buy, extend, renew and change policy online
. Special cover to protect travelers’ contents of home against the risk of burglary or fire while traveling
. Covers claims arising out of acts of terrorism
Mr. Wolfgang Prock-Schauer, CEO, Jet Airways said,“JetProtect is one more innovative initiative from Jet Airways which ensures convenient purchase of travel insurance as well as peace of mind. JetProtect has been created after extensive research and competitive benchmarking and is one of the best insurance products offered by airlines across the world.”
Ms. Vishakha Mulye, Executive Director, ICICI Lombard said, “ICICI Lombard is committed to delivering unique and convenient risk management solutions to our customers. Our partnership with Jet Airways brings together a comprehensive travel insurance cover at the time of ticket purchase along with the ease of instant online policy issuance. The product coverage has been carefully designed to meet the needs of Jet’s guests and has a convenient claims settlement process.”
The overseas and domestic travel insurance policy covers a host of situations such as medical expenses caused by accidents, possible loss from trip cancellation, loss or delay of checked in baggage,compassionate visit by a relative in case of illness and much more.
The insurance policy can be purchased on the airline website simultaneously while booking flight tickets.In case a Jet Airways ticket has already been purchased through any other channel, customers have the option of purchasing insurance by visiting the ‘Purchase Policy’ section under ‘Plan Your Travel’ on jetairways.com. The e-policy is issued instantly without any paperwork with immediate confirmation via email and sms. Policy servicing such as changes or extensions can be submitted online and claims can be intimated 24x7 on a toll free number.
‘Jet Protect’ covers claims arising out of acts of terrorism. It also includes a special cover to protect the customers’ home against the risk of burglary or fire while the airline customer is travelling in India.
JetProtect offers:
. Customized plans specially designed for Jet Airways customers
. Online policy purchase with minimum details
. Instantly buy, extend, renew and change policy online
. Special cover to protect travelers’ contents of home against the risk of burglary or fire while traveling
. Covers claims arising out of acts of terrorism
Mr. Wolfgang Prock-Schauer, CEO, Jet Airways said,“JetProtect is one more innovative initiative from Jet Airways which ensures convenient purchase of travel insurance as well as peace of mind. JetProtect has been created after extensive research and competitive benchmarking and is one of the best insurance products offered by airlines across the world.”
Ms. Vishakha Mulye, Executive Director, ICICI Lombard said, “ICICI Lombard is committed to delivering unique and convenient risk management solutions to our customers. Our partnership with Jet Airways brings together a comprehensive travel insurance cover at the time of ticket purchase along with the ease of instant online policy issuance. The product coverage has been carefully designed to meet the needs of Jet’s guests and has a convenient claims settlement process.”
Tuesday, January 20, 2009
Jet Airways halves Q2 losses due to lower fuel prices & yield improvements in Q3
Highlights for quarter ended December 31, 2008 vs. December 31, 2007
Operational
. System-wide ASKMs of 8,114 million, up 23.2%
. System-wide RPKMs of 5,369 million, up 17.9%
. System wide seat factor of 66.2% vs 69.1%
. 2.56 million revenue passengers carried,down 13.1%
Financial
. Revenue of Rs. 30,631 million (US$ 628.8 million), up 21.7%
. Loss before tax Rs. 2,498 million (US$ 51.3 million) vs loss of Rs. 1,304 million (US$ 33.1 million)
. Loss after tax of Rs. 2,142 million (US$ 44.0 million) vs loss of Rs.911 million (US$ 23.1 million)
.Exchange rate used 1 USD = INR 48.71 for current year and 1 USD = INR 39.415 for previous year
Highlights for nine months ended December 31, 2008 vs.December 31,2007
Operational
. System-wide ASKMs of 24,684 million, up 47.3%
. System-wide RPKMs of 16,466 million, up 43.5%
. System wide seat factor of 66.6% vs 68.4%
. 8.54 million revenue passengers carried, up 3.5%
Financial
. Revenue of Rs. 92,207 million (US$ 1,883 million), up 36.5%
. EBITDAR of Rs. 753 million (US$ 15.5 million)
. Loss before tax Rs. 6,091 million (US$ 125.1 million) vs loss of Rs. 384 million (US$ 9.7 million)
. Loss after tax of Rs. 4,553 million (US$ 93.5 million) vs loss of Rs.319 million (US$ 8.1 million)
Exchange rate used 1 USD = INR 48.71 for current year and 1 USD = INR 39.415 for previous year
Domestic & International Operations
Domestic operations accounted for 45.7% of operating revenues (Rs. 13,821 million US $ 283.75 million) as compared to 63.5% (or Rs. 15,397 million, US $ 390.6) in the third quarter of the last year. The Company achieved a domestic seat factor of 62.4% in the quarter ended December 2008 versus 72.3% in the same period a year ago.
The revenues from our International operations now account for 54.3% of operating revenues (Rs. 16,407 million, US $ 336.83 million) as compared to 36.5% (Rs. 8,863 million, US $ 224.85 million) in the third quarter of last year. The Company achieved a seat factor in international operations of 67.8 % for the quarter (66.4% a year ago).
Outlook
The domestic industry capacity will be flat for the next few quarters and with the increase in traffic over the next few months, we believe that the industry seat factors will trend up. The incremental traffic, though, will be at lower yields. We have eliminated our highest loss making routes from the International network and have rightsized our capacities on the North America routes. We expect corporate traffic to be subdued in the current quarter because of the economic slowdown.
The global recession is set to impact travel with corporate earnings slowing down and companies postponing their growth plans.Despite a significant drop in crude oil prices, airlines across the world are experiencing turbulent times. In India, we have also been impacted by the recent terror incidents which will impact traffic flows into India for the next few months.
Operational
. System-wide ASKMs of 8,114 million, up 23.2%
. System-wide RPKMs of 5,369 million, up 17.9%
. System wide seat factor of 66.2% vs 69.1%
. 2.56 million revenue passengers carried,down 13.1%
Financial
. Revenue of Rs. 30,631 million (US$ 628.8 million), up 21.7%
. Loss before tax Rs. 2,498 million (US$ 51.3 million) vs loss of Rs. 1,304 million (US$ 33.1 million)
. Loss after tax of Rs. 2,142 million (US$ 44.0 million) vs loss of Rs.911 million (US$ 23.1 million)
.Exchange rate used 1 USD = INR 48.71 for current year and 1 USD = INR 39.415 for previous year
Highlights for nine months ended December 31, 2008 vs.December 31,2007
Operational
. System-wide ASKMs of 24,684 million, up 47.3%
. System-wide RPKMs of 16,466 million, up 43.5%
. System wide seat factor of 66.6% vs 68.4%
. 8.54 million revenue passengers carried, up 3.5%
Financial
. Revenue of Rs. 92,207 million (US$ 1,883 million), up 36.5%
. EBITDAR of Rs. 753 million (US$ 15.5 million)
. Loss before tax Rs. 6,091 million (US$ 125.1 million) vs loss of Rs. 384 million (US$ 9.7 million)
. Loss after tax of Rs. 4,553 million (US$ 93.5 million) vs loss of Rs.319 million (US$ 8.1 million)
Exchange rate used 1 USD = INR 48.71 for current year and 1 USD = INR 39.415 for previous year
Domestic & International Operations
Domestic operations accounted for 45.7% of operating revenues (Rs. 13,821 million US $ 283.75 million) as compared to 63.5% (or Rs. 15,397 million, US $ 390.6) in the third quarter of the last year. The Company achieved a domestic seat factor of 62.4% in the quarter ended December 2008 versus 72.3% in the same period a year ago.
The revenues from our International operations now account for 54.3% of operating revenues (Rs. 16,407 million, US $ 336.83 million) as compared to 36.5% (Rs. 8,863 million, US $ 224.85 million) in the third quarter of last year. The Company achieved a seat factor in international operations of 67.8 % for the quarter (66.4% a year ago).
Outlook
The domestic industry capacity will be flat for the next few quarters and with the increase in traffic over the next few months, we believe that the industry seat factors will trend up. The incremental traffic, though, will be at lower yields. We have eliminated our highest loss making routes from the International network and have rightsized our capacities on the North America routes. We expect corporate traffic to be subdued in the current quarter because of the economic slowdown.
The global recession is set to impact travel with corporate earnings slowing down and companies postponing their growth plans.Despite a significant drop in crude oil prices, airlines across the world are experiencing turbulent times. In India, we have also been impacted by the recent terror incidents which will impact traffic flows into India for the next few months.
Thursday, January 8, 2009
Jet Airways Introduces Special Apex Fares For Its Première Passengers On Key Domestic Sectors
Mumbai/Delhi, January 05, 2009: Jet Airways,India’s premier international airline, has introduced special 3, 5 and 7-day Advance Purchase (Apex) fares for its Première (Business Class) customers on key domestic sectors, for the very first time, and with immediate effect.
While the 3-Day Apex fares range from INR 7900 to INR 8100; the 5-Day Apex fares range from INR 6500 to INR 11,500; and the 7-Day Apex fares from INR 4500 to INR 17,500
To avail of these fares, details of which may be found below, customers must complete their ticket purchase by January 31, 2009.
For further information and sales and travel validity, customers may visit www.jetairways.com, or contact their nearest Travel Agent,or call the reservations number (city code) 39893333,or call Toll free on 1800-22-55-22.
While the 3-Day Apex fares range from INR 7900 to INR 8100; the 5-Day Apex fares range from INR 6500 to INR 11,500; and the 7-Day Apex fares from INR 4500 to INR 17,500
To avail of these fares, details of which may be found below, customers must complete their ticket purchase by January 31, 2009.
For further information and sales and travel validity, customers may visit www.jetairways.com, or contact their nearest Travel Agent,or call the reservations number (city code) 39893333,or call Toll free on 1800-22-55-22.
Wednesday, January 7, 2009
Jet Airways Welcomes The New Year With A Basket Of Offerings
January 02,2009: Jet Airways India’s premier international airline has announced a basket of offering for its customers to welcome the New Year,thus creating exciting options for the travelling public.
Singapore/HongKong/Bangkok
Companion Free Offer on Premiere
Jet Airways’international Premiere customers travelling to Singapore and HongKong can now avail of exciting Companion Free travel offers.
Under this scheme a Mumbai – Singapore Premiére return fare is available for two persons travelling together for a sum of INR 1,01,250.
Similarly,a Companion Free offer with a return Premiére fare for INR 94,500 is available on the Mumbai-Hong Kong sector.
Jet Airways has also announced Companion Free offers on the Mumbai – Bangkok sector,where a return Premiére fare is available for INR 57,065.Customers may opt for similar offers on sectors such as Delhi – Bangkok,Delhi - Singapore,Chennai - Singapore,Chennai – Kuala Lumpur,and Kolkata – Bangkok.
Special Offers for Individual travel:
Jet Airways has introduced an Economy class return fare of INR 7,480 for travel between Mumbai – Singapore.
Travellers from Mumbai bound for HongKong on Jet Airways,can now avail of attractive return Premiére fares for INR 54,000 and Economy class return fares for INR 12,635.
On the popular Mumbai – Bangkok sector a Jet Airways return Economy class fare is now available from INR 9,750 upwards.
Mumbai /Delhi – London Heathrow
Special Offers for Individual travel:
For Jet Airways’westbound customers travelling between India and London Heathrow, Jet Airways has a special return Premiere fare of INR 85,000.This is a 14 day Advance Purchase or APEX fare. Economy class fares on the same routes are available for INR 15,990.
Furthermore,Jet Airways JetPrivilege members travelling on Mumbai/Delhi-London return sectors can earn Double JPMiles (mileage points) until January 15, 2009. This is applicable on First Class, Premiére and Economy class travel.
Mumbai – New York (Newark / JFK)
Offers for Individual travel:
Jet Airways’westbound customers travelling to New York (Newark/JFK) have the option to now fly on an Economy class return fare of INR 32,600.
All fares mentioned herein are exclusive of surcharge and taxes.
For further information and sales and travel validity,customers may visit www.jetairways.com,or contact their nearest Travel Agent,or call the reservations number (city code) 39893333, or call Toll free on 1800-22-55-22.
Singapore/HongKong/Bangkok
Companion Free Offer on Premiere
Jet Airways’international Premiere customers travelling to Singapore and HongKong can now avail of exciting Companion Free travel offers.
Under this scheme a Mumbai – Singapore Premiére return fare is available for two persons travelling together for a sum of INR 1,01,250.
Similarly,a Companion Free offer with a return Premiére fare for INR 94,500 is available on the Mumbai-Hong Kong sector.
Jet Airways has also announced Companion Free offers on the Mumbai – Bangkok sector,where a return Premiére fare is available for INR 57,065.Customers may opt for similar offers on sectors such as Delhi – Bangkok,Delhi - Singapore,Chennai - Singapore,Chennai – Kuala Lumpur,and Kolkata – Bangkok.
Special Offers for Individual travel:
Jet Airways has introduced an Economy class return fare of INR 7,480 for travel between Mumbai – Singapore.
Travellers from Mumbai bound for HongKong on Jet Airways,can now avail of attractive return Premiére fares for INR 54,000 and Economy class return fares for INR 12,635.
On the popular Mumbai – Bangkok sector a Jet Airways return Economy class fare is now available from INR 9,750 upwards.
Mumbai /Delhi – London Heathrow
Special Offers for Individual travel:
For Jet Airways’westbound customers travelling between India and London Heathrow, Jet Airways has a special return Premiere fare of INR 85,000.This is a 14 day Advance Purchase or APEX fare. Economy class fares on the same routes are available for INR 15,990.
Furthermore,Jet Airways JetPrivilege members travelling on Mumbai/Delhi-London return sectors can earn Double JPMiles (mileage points) until January 15, 2009. This is applicable on First Class, Premiére and Economy class travel.
Mumbai – New York (Newark / JFK)
Offers for Individual travel:
Jet Airways’westbound customers travelling to New York (Newark/JFK) have the option to now fly on an Economy class return fare of INR 32,600.
All fares mentioned herein are exclusive of surcharge and taxes.
For further information and sales and travel validity,customers may visit www.jetairways.com,or contact their nearest Travel Agent,or call the reservations number (city code) 39893333, or call Toll free on 1800-22-55-22.
Tuesday, January 6, 2009
Jet Airways and Jetlite Introduce New Year Specials 21 Day Advance Purchase Fares
December 31,2008: Effective January 01, 2009, Jet Airways,India's premier international airline and its wholly-owned all economy subsidiary JetLite, will offer their customers special and all new 21 Day Advance Purchase (APEX) fares.
For all purchases made at least 21 days before the flight departure,Jet Airways will offer a fare of INR 250 on all of the airline's 45 domestic sectors.The booking and sale validity of this offer is from January 01 to January 31,2009.
JetLite will offer their customers an unbelievable fare of INR 9 for all purchases made at least 21 days before the flight departure.This offer is valid on the airline's 26 destination domestic sectors.Again,the booking and sale validity of this offer is from January 01 to January 31,2009.
All fares mentioned above are exclusive of taxes and surcharge.
For all purchases made at least 21 days before the flight departure,Jet Airways will offer a fare of INR 250 on all of the airline's 45 domestic sectors.The booking and sale validity of this offer is from January 01 to January 31,2009.
JetLite will offer their customers an unbelievable fare of INR 9 for all purchases made at least 21 days before the flight departure.This offer is valid on the airline's 26 destination domestic sectors.Again,the booking and sale validity of this offer is from January 01 to January 31,2009.
All fares mentioned above are exclusive of taxes and surcharge.
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