Growth before rain for Jet Airways in July

Jet Airways has posted strong growth in both international and domestic passenger traffic for July 2010, the airline recently announced.

According to the airline, the growth is due to an improvement in global business and holiday passenger traffic to overseas destinations. Jet Airways achieved seat factors of over 83.1 percent for its international operations, with 27.8 percent growth in international revenue passengers - equating to 389,000 people - in July 2010 compared to the same period in 2009.

Similar growth was posted in the airline's domestic operations, with 782,000 domestic revenue passengers in July 2010 at a seat factor of 73.8 percent. This is particularly strong growth and augurs well for the remainder of the year, given the impending monsoonal season.

"The organisation'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 CEO Nikos Kardassis said.

"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."

JetLite, the wholly-owned subsidiary of Jet Airways, posted a 16 percent growth in revenue passengers, carrying over 327,000 passengers in July 2010. Improved services and timing reliability contributed to an encouraging seat factor of 76.8 percent, and continued the offshoot's penetration into the value carrier segment.
Jet Airways currently operates a fleet of 90 aircraft, with one of the youngest aircraft fleet in the world.

Source: eTravelBlackboard