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Sunday, February 12, 2012
News Making Money

Jet Airways Registers Impressive Growth For Forth Consecutive Month

08/02/2010 17:16 (734 Day 04:58 minutes ago)

The FINANCIAL -- Jet Airways, India’s premier airline, on February 8 announced a fourth consecutive month of impressive growth for January 2010, helping the airline further strengthen its leadership in the Indian aviation industry.

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Jet Airways comprehensively improved on its impressive performance in December 2009, reporting a 30% surge in international  passenger traffic for January 2010 vis-à-vis the same period last year. Domestic passenger traffic in January 2010 also registered a 26% increase, as compared to the same period last year. The airlines’ average seat factor for its international operations for January 2010 also stood at an impressive 84.9%, reflecting a growing passenger demand for the airline’s award-winning international product.

 

JetLite, Jet Airways' all-economy subsidiary, similarly posted a 12.8% growth in passenger traffic on a seat factor of 75% in January 2010.
 
The robust growth figures have been registered despite disruption in Flight Schedule s over North India due to inclement weather and the fog in Delhi during the month of January 2010.
 
Mr. Nikos Kardassis, Chief Executive Officer, Jet Airways (I) Ltd said, “Four consecutive months of growth reaffirms the fact that Jet Airways is set to further consolidate its leadership position in Indian skies. The airline’s ability to fully anticipate customer and market requirements and consequently customize its product to cater to them as well as its team of highly dedicated professionals is what has helped Jet Airways stay ahead.”

 

Mr. Kardassis further added, “Several new strategic, marketing and network initiatives implemented during the economic downturn are also now beginning to pay dividend, enabling the airline to tap into demand revival at the shortest possible notice. Increased business and leisure travel during the winter months has resulted in higher yields and higher network wide passenger load factors. Our focus to deliver an enhanced customer service experience, will further help Jet Airways build on its hallmark of convenience and comfort for its domestic and international passengers.”

 

As part of the company’s strategic expansion program, the airline has introduced new routes for its guests on the international and domestic sector. Enhanced connectivity on the Delhi–Doha sector, coupled with an all new Boeing 737-700 JetLite service on the Kolkata–Agartala–Kolkata sector will offer guests enhanced seamless connectivity to several destinations across India, as well as to the Gulf and ASEAN regions.

 

 

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Israel’s Peres vows cooperation with Greek Cyprus in gas drillingIsraeli

04/11/2011 04:38 (100 Day 18:36 minutes ago)

The FINANCIAL -- President Shimon Peres had talks with Greek Cypriot leader Dimitris Christofias during a key visit to the island on Thursday, discussing gas finds in the eastern Mediterranean, a discovery that has sparked a crisis between Turkey and Greek Cyprus.

 

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