Jet clocks 18% growth in international passenger revenues

Jet Airways, India’s largest private sector airline, has recorded 18 per cent growth in international passenger revenues, carrying 382,000 passengers in October 2010, against 323,000 in the corresponding month in the previous year.

The airline also strengthened its market share to 26.2 per cent.

“The growth in international passenger traffic was due to the onset of the festive holiday season and the improving global business scenario worldwide. The jump in global traffic also reflected the increasing impact of the airline’s international codeshares and introduction of new routes,” said a press statement.

In the domestic market, the festive season during Diwali lifted domestic passengers revenue by 11 per cent, with the airline carrying 870,000 in October 2010, as compared to 785,000 in October 2009.

JetLite, the wholly owned subsidiary of Jet Airways India, posted a seat factor of 81 per cent, carrying over 362,000 passengers in October 2010 against 334,000 in the previous year.
 
Both Jet Airways and JetLite have improved their On Time Performance among the scheduled domestic carriers in October. As per Director General of Civil Aviation data, Jet Airways and JetLite posted 92.5 per cent and 92.8 per cent respectively on the critical service parameter of On Time Performance in October 2010.

 “Strategic code shares and innovative marketing have given us the required impetus that has helped stay ahead of the industry growth curve,” said Nikos Kardassis, CEO, Jet Airways.

Meanwhie, Jet has appointed Ajman National Travel Agency (Anta) as the new general sales agent to enhance the services in Ajman, Fujairah, Umm Al Quwain and Ras Al Khaimah.