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Jet Air passenger traffic up 4th straight month in Jan

Jet Air passenger traffic up 4th straight month in Jan
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First Published: Tue, Feb 09 2010. 11 46 AM IST
Updated: Tue, Feb 09 2010. 11 46 AM IST
Mumbai: Private carrier Jet Airways said on Tuesday it posted a 30% growth in international passenger traffic in January while domestic passenger traffic grew 26% compared with last year.
Passenger traffic at Jet Airways rose for the fourth consecutive month in January with increased business and leisure travels during the winter months resulting in higher yields and network-wide passenger load factors, it said in a press release.
“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,” Nikos Kardassia, chief executive officer, said.
At 11:54am, shares in Jet were up 2.5% at Rs485.70 in a choppy Mumbai market.
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First Published: Tue, Feb 09 2010. 11 46 AM IST
More Topics: Jet Airways | Traffic | Passenger | Travel | Corporate |