Friday, May 29, 2009

Jet Airways Introduces Special Limited Period Premiere Fares To London From Several Indian Cities

Mumbai, May 28, 2009: Jet Airways, India’s premier international airline, has introduced special Premiere fares to London from several Indian cities.

Jet Airways has introduced a special limited period offer for Première passengers from Bengaluru, Chennai, Hyderabad, Kolkata and Pune travelling to London between May 29, 2009 and September 30, 2009.

Première passengers from the afore mentioned cities who book their tickets between May 29, 2009 and June 1, 2009, may avail of a special return fare of INR 60,000 to London, via Mumbai. This offer also extends to travellers on the Mumbai-London sector. *

For passengers unable to complete their travel bookings in the specified time period, the airline also offers Première travellers from Bengaluru, Chennai, Hyderabad, Kolkata, Ahmedabad and Vadodara a special return fare of INR 89,000 to London, via Mumbai, for sale and travel with immediate effect. This offer also extends to travellers on the Mumbai-London sector. *

Additionally, Jet Airways also offers Première travellers from Ahmedabad, Vadodara, Pune, Goa, Bengaluru and Hyderabad, a special return fare of INR 94,000 to London, via Delhi, for sale and travel with immediate effect. Travellers from Delhi may avail of a special return Première fare of INR 1,06,000 to London for sale and travel with immediate effect.*

According to Mr. Wolfgang Prock-Schauer, CEO, Jet Airways, “Jet Airways has established itself as among the leading carriers on the competitive Indo-UK sector purely on the strength of its exceptional product quality and high service standards. Our Première product is arguably the best in its class, and offer exceptional value with the introduction of these special fares.”

Jet Airways flies daily, direct to London Heathrow from Mumbai and Delhi. For more details please log on to www.jetairways.com.

*Conditions Apply. Base Fare excludes all applicable taxes and surcharges.

Thursday, May 28, 2009

Jet Airways Reports PAT Of INR 530 Million For Q4 FY09

Jet Airways reports PAT of INR 530 million for Q4 FY09;based on International performance,restructuring program,reduced fuel price & exceptional items;significantly improved EBITDAR margin of 20.8%.

Highlights for quarter ended March 31,2009 vs March 31,2008

Operational:

. System-wide ASKMs of 6,969 million, down 9.3%

. System-wide RPKMs of 4,997 million, down 8.3%

. System wide seat factor of 71.7% vs 70.9%

. 2.54 million revenue passengers carried,down 20%

Financial:

. Revenue of Rs.25,662 million (US$ 505.9 million),down by 8.2%.

. EBITDAR of Rs 5,140 Million(US$ 101.3 million) in Q4 FY09 versus Rs.2,122 Million (US$ 52.9 Million) in Q4 FY08 and Rs.3,577 Million (US$ 73.4 Million)in Q3 FY09.

. EBITDAR Margin at 20.8% in Q4 FY09 versus 7.7% in Q4 FY08 and 11.8% in Q3 FY09.

. Profit before tax Rs.1,395 million. (US$ 27.5 million) versus loss of Rs. 3,742 million (US$ 93.3 million) for the same period in FY08 and Rs. 2,498 Million (US$ 51.3 million) in Q3 FY09.

. Profit after tax of Rs. 530 million (US$ 10.4 million) versus loss of Rs.2,212 million (US$ 55.1 million) and loss of Rs.2,142 Million (US$ 44.0 million) in Q3 FY09.

Highlights for the year ended March 31, 2009 vs March 31,2008

Operational:

. System-wide ASKMs of 31,652 million,up 29.5%

. System-wide RPKMs of 21,444 million,up 26.8%

. System wide seat factor of 67.7% vs 69.2%

. 11.08 million revenue passengers carried,down 3.1%

Financial:

. Revenue of Rs.118 billion (US$ 2.3 billion),up 23.4%

. EBITDAR of Rs.4,061 million (US$ 80.1 million) in FY09 versus Rs.7,508 Million (US$ 187.1 million) in FY08.

. EBITDAR Margin at 3.5% in FY09 versus 8.5% in FY08.

. Loss before tax Rs.4,696 million (US$ 92.6 million) vs loss of Rs.4,126 million (US$ 102.8 million)

. Loss after tax of Rs.4,023 million (US$ 79.3 million) vs loss of Rs.2,531 million (US$ 63.1 million)

Domestic & International operations:

Domestic operations accounted for 43.9% of operating revenues (Rs.10,815 million US $ 213.2 million) vs 58.0% (Rs.16,001 million, US $ 398.8) in the fourth quarter of the previous year.The Company recorded a pre-tax profit on domestic operations of Rs.1,122 million (US $22.1 million).The revenues from our International operations now account for 56.1 % of operating revenues (Rs.13,841 million,US $ 272.9 million) versus 42.0% (Rs.11,598 million, US $ 289.1 million) in the fourth quarter of last year.

Financial results of Jet Lite for the Q4 and year ended March 2009:

· Achieved seat factor of 69.1% in Q4 FY09 versus 69.5% for Q4 FY08.

· Achieved Revenues of Rs.3,340 million (US $ 65.9 million) v/s 3,874 million (US $ 96.6) for Q4 FY 2008.

· EBITDAR of Rs.165 million (US$ 3.3 million) in Q4 FY09 versus negative Rs. 832 Million (US$ 20.7 million) in Q4 FY08 and positive Rs. 509 million (US$ 10.5 million) in Q3 FY09.

· EBITDAR Margin at 5.3% in Q4 FY09 vs negative 21.8% in Q4 FY08 and positive 12% in Q3 FY09.

· Loss after tax of Rs. 1,316 million (US $ 25.9 million) v/s Rs. 1,633 million (US $ 40.7 million) for Q4 FY’08.

Wednesday, May 27, 2009

Jet Airways Inflight Collection Drive For Five NGO's Working On Women's Issues

Mumbai, May 22, 2009:- As part of its 'Celebrating Womanhood' initiative, Jet Airways had embarked on an in-flight collection drive for five Non-Governmental Organisations (NGOs) working on a range of women’s issues including health, education and empowerment, from March 1-March 8, 2009. These NGO's include Muktangan, Navjeet Community Health Center, Swayam Shikshan Prayog (SSP), SAHAS and Mijwan Welfare Society.

On Thursday, May 21, 2009, Jet Airways formally handed over the cheques to representatives of the five NGO's at a small ceremony at the airline's Litolier office.

Jet Airways ‘Celebrating Womanhood’ initiative, also offers a 10% discount on base fares for all ladies who book tickets on www.jetairways.com. This offer is valid also for groups having at least one lady travelling. This offer is valid till September 30,2009.

Thursday, May 21, 2009

Jet Airways Introduces ‘Edujetter’ Benefits For Students Flying Abroad

Mumbai, May 19, 2009: As part of its ‘EduJetter’ initiative aimed at celebrating the achievements of students who have secured admission in educational institutes abroad, Jet Airways, India’s premier international airline, now offers them a whole host of benefits, effective May 26, 2009.*

The airline offers students flying out of India assured benefits of more than INR 11, 000*, including excess baggage allowance between 40-60 kgs for students travelling to the US, Canada, Australia, Europe, UK, Singapore, Malaysia and Hong Kong aboard Jet Airways, as well as 1000 JPMiles on enrolment into the airline’s

JetPrivilege frequent flyer programme that results in a free ticket after the first flight.*

Other benefits include free talk-time from Matrix of upto INR 3500 and waiver on the first month line rental with connection; INR 500 worth of free global internet roaming in over 160 countries by Tata Indicom WiFi; special forex rates on ICICI Bank Travel Cards; gift voucher of INR 2000 on HP Pavilion notebooks; a 20% discount on Samsonite luggage, backpacks and travel accessories; three 40% discount coupons from FedEx for international shipping and gift vouches worth INR 1000 from Provogue.*

According to Mr. Wolfgang Prock-Schauer, CEO, Jet Airways, “Indian students abroad have gone on to make the country proud by going on to excel in several spheres abroad. Jet Airways’ EduJetter initiative is the airline’s way of encouraging every young student from India travelling abroad with assured benefits, having been tailored to suit the specific needs of this category of young travelers, and make their travel experience as convenient and enjoyable as possible.”

For more information, students may log on to jetairways.com/edujetter, sms edujet to 56388, e-mail at edujetter@jetairways.com or call on 1800 225522 or 02239893333.

*Conditions Apply.

Wednesday, May 20, 2009

Jet Airways Konnect Enhances Its Pan-India Network With The Introduction Of Five New Flights

Mumbai, May 18, 2009: Buoyed by strong customer demand, effective May 20, 2009, Jet Airways Konnect, Jet Airways’ new all-economy service, will enhance its network to include five new services, including four new services from Kolkata.

The airline will enhance air connectivity within North Eastern India with the introduction of its services on the Kolkata - Jorhat, Kolkata - Agartala, Kolkata - Guwahati and Guwahati - Agartala sectors, while linking two key cities in Eastern and Southern India with the introduction of its new Kolkata-Bengaluru service.

Jet Airways Konnect currently links four major metros - Mumbai, Delhi, Bengaluru and Chennai to several destinations across India, including Kochi, Pune, Hyderabad, Coimbatore, Ahmedabad, Jaipur, Bhopal and Amritsar.

According to Mr. Wolfgang Prock-Schauer, CEO, Jet Airways, “There is latent demand for a quality, all-economy service on several key domestic routes. With the successful introduction of Jet Airways Konnect's new service, and based on strong demand, we are confident that our new flights are in perfect sync with prevailing passenger needs, and will be very well received.”

The Jet Airways Konnect service currently operates a fleet of six ATR 72-500 and two Boeing 737-800 aircraft on key domestic routes across India.

About Jet Airways Konnect

Jet Airways Konnect is a no-frills Economy Class service on key domestic routes, designed to meet the needs of the low fare segment.

The airline connects four major Indian metros- Mumbai, Delhi, Chennai and Bengaluru -with several destinations across India.

From Mumbai, the airline operates services to Bhopal/ Udaipur/ Ahmedabad/ Bhavnagar/ Jodhpur/ Chennai/ Kochi/ Vadodara and Jaipur. From Delhi, the airline flies to Amritsar and Vadodara. From Chennai, the airline flies to Madurai/ Kochi/ Coimbatore and Bengaluru. From Bengaluru, the airline flies to Mangalore/ Pune/ Hyderabad and Kolkata.

Tuesday, May 19, 2009

Jet Airways To Be The Official Airline Partner Of Bengaluru International Airport Shopping Festival

Mumbai, May 15, 2009: As the official and exclusive airline partner of the Bengaluru International Airport Shopping Festival, Jet Airways, India’s premier international airline, will offer travelers flying to and from Bengaluru from May 15 to June 14, 2009, a 10% discount on base fare for tickets booked on jetairways.com, as well as a whole host of other exciting privileges.*

These include a range of exciting offers for travelers on display of their boarding passes at partner outlets including Carbon,Deepika Govind, Odyssey,Cafe Coffee Day/Cookie Man, Secure Wrap,Baskin Robbins,Subway,My Baby Excel - Disney Soft Toys,Wowwee Electronic Toys & Gamez,Asmi,Nakshatra and D’damas;as well as discounts on travel services to and from Bengaluru Airport,courtesy travel partners Easy Cab & Hertz,all between May 15 & June 14, 2009.*

Moreover,Jet Airways & JetLite passengers who make purchases above INR 300 at the Bengaluru International Airport Shopping Festival during this period,will receive two lucky coupons instead of the standard lone coupon,for entry into a lucky draw.*

The bumper prize at the lucky draw is a package for four aboard the Golden Chariot,the famed Southern Indian luxury train.Weekly prizes include Golden Chariot couple packages and Jet Airways international couple tickets,while daily prizes include KSTDC (Karnataka State Tourism Development Corporation Ltd.) couple Packages.*

Commenting on the association Girish Nair,Area General Manager - Karnataka & Andhra Pradesh,Jet Airways said “Airports in India are evolving & going through major changes.This also opens up opportunities for airlines to add value to the consumers by giving them an unique experience while traveling. We are very excited to associate with this first mega airport event organized by BIAL & this International shopping festival was an excellent opportunity for brand Jet Airways to create value for the consumers,thereby adding an interesting dimension to the airport and airline partnerships. ”

According to Mr. Marcel Hungerbuehler, CEO,Bangalore International Airport Limited (BIAL),“Airports worldwide have evolved and are now seen in a different light,they are much more than just travel facilitators.Bengaluru International Airport is in line with this change and is all set to hold its first mega airport event. Our intention is to play a significant role in the economic development of the city and the state by becoming a gateway to the South of India. Through this shopping festival and the associated partnerships, we will propagate Karnataka’s cultural vibrancy and the various tourist destinations within it.”

Speaking of this association, Mr. K Viswanatha Reddy,IAS,Director, Department of Tourism said “The Bengaluru International Airport Shopping Festival being the first ever shopping festival hosted by an airport in India, is a very important development.That this is being held in a traditional shopper’s paradise like Bangalore adds more attraction to it.Even in these times of recession, the number of people who travel are not too low and this will ensure that there is sustained interest among our target groups. The Tourism Industry in Karnataka collectively stands to benefit by targeting travelers passing through one of the country’s iconic airports.”

Jet Airways operates daily, direct flights to Bengaluru from Chennai, Coimbatore, Delhi, Goa, Hyderabad, Kochi, Kolkata, Mangalore, Mumbai, Pune & Thiruvananthapuram in India.

The month long shopping festival announced by Bengaluru International Airport today is the first time an Indian airport will host a festival of this magnitude.

*Conditions Apply. For more details please log on to jetairways.com.

Friday, May 8, 2009

Jet Airways Introduces “Jet Airways Konnect” A New All Economy No-Frills Service

Mumbai,May 07,2009: Jet Airways, India’s premier international airline will introduce a new all Economy service,Jet Airways Konnect starting May 08,2009,on select routes in India.

Jet Airways Konnect is a new economy class service designed to meet the needs of the low fare segment. It will complement Jet Airways’ full service product, by providing a service that is better suited to cater to a market that desires an economically priced low fare product.

Jet Airways Konnect offers a no-frills, economy class service where guests will be offered attractive and competitive low fares on specific routes.

The on ground and in flight service will be delivered by Jet Airways staff, the only difference will be that travellers will have to buy their meals on board.

Jet Airways Konnect will have dedicated aircraft for this service, the flight number range for this service will be unique and will help both guests and travel agents identify the class of service.

Guests can book flights either on the airline's website www.jetairways.com or through the call centers or Jet Airways’ city and ticketing offices. Travel Agents can book the service using the global distribution systems (GDS). All guests using Jet Airways Konnect will enjoy the accrual and redemption of JetPrivilege’s mileage points.

Sudheer Raghavan, Chief Commercial Officer, Jet Airways commented "Consumer demands are changing rapidly in a dynamic global environment, we believe the Jet Airways Konnect service will give us the flexibility and speed to deploy capacity to meet these changing trends .”

The Jet Airways Konnect Service will initially operate with two 737 and six ATR aircraft on sectors such as Chennai-Coimbatore, Chennai-Madurai, Chennai-Kochi, Mumbai-Ahmedabad, Mumbai-Bhopal, Mumbai-Udaipur, Bengaluru-Pune, Bengaluru-Mangalore.