Jet Airways Posts Growth In Domestic Passenger Traffic (21-Jul-2010)
India's premier international airline, Jet Airways, has posted a robust 37.4% growth in its domestic passenger traffic during the month of June 2010. It carried 8.40 lakh domestic revenue passengers in June. The seat factor for domestic operations was at 80.5% during the month under review.
The air carrier’s total seat factor stood at an impressive 82.2% in June. It carried 3.65 lakh revenue passengers internationally last month registering a handsome growth of 31% compared to the year ago period.
Apart from this, its wholly owned subsidiary -- JetLite -- has also reported a strong growth of 41% in revenue passengers, carrying over 3.69 lakh in June 2010. JetLite’s seat factor for the month of June stood at 83.7%.
The on time performance of both airlines (Jet Airways and JetLite) was also very impressive during June. As per figures released by the Director General of Civil Aviation, Jet Airways and JetLite both ranked amongst the top performing scheduled domestic airline on the critical service parameter of ‘On Time Performance’ in June 2010 posting 86.8% and 86.3%, respectively.
With this, both air carriers continue to be the largest passenger airline group with a leading market share of 26.5% for the month of June 2010.
Jet Airways currently operates a fleet of 89 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 53 next generation Boeing 737-700/800/900 aircraft and 14 modern ATR 72-500 turboprop aircraft. With an average fleet age of 4.82 years, the airline has one of the youngest aircraft fleet in the world.
Top News Today
 Auto major, Mahindra & Mahindra (M&M) is all set to introduce a smaller version of its multi-purpose vehicle Xylo by Diwali this year as it aims to expand its customer base in the country. The company,
 Godrej Properties, Mumbai based real estate developer launched its new residential project Godrej Alpine in Mangalore. It aims to complete 499-apartment Godrej Alpine for occupation in 36 months. Godrej
 Mahindra & Mahindra, auto major has stopped the second phase of booking for its latest sports utility vehicle XUV500. It has received over 25,000 orders in a period of 10 days from January 25 to February
|
International Stock News
 The US markets rose on Monday, sending the Dow industrials to their highest close since 2008, as Greece's government made progress on measures to secure international aid. Also, a Labor Department report
 The US markets made a mix closing on Thursday, as a drop in jobless claims fueled optimism about the economy and investors looked to the next day's employment report as the next indicator of the economic
 The US markets made a mixed closing on Tuesday, with the indices mostly slipping after US economic data failed to live up to expectation. The reports showed that American consumer confidence trailed estimates
|
|
|