Jet Airways registers smart growth in passenger traffic
13 January 2010
Jet Airways on Tuesday clocked a growth of 53 per cent and 28 per cent in domestic and international passenger traffic, respectively, for December 2009, compared to December 2008, the company reported yesterday.
The average seat factor for the carrier's international operations for the month was 84.9 per cent reflected a growth in passenger demand.
Passenger traffic growth on JetLite, Jet Airways' all-economy subsidiary, was up 23 per cent at an average seat factor of 81.5 per cent in the month under review, the company said on Tuesday.
According to Nikos Kardassis, chief executive officer of Jet Airways (I) Ltd, said the company was confident it would be on a growth curve, and its improving results in November and December 2009 have come as a reconfirmation of its belief.
Jet Airways posted a 33 per cent growth in domestic and 19 per cent growth in international passenger traffic in November 2009 and its shares yesterday were up 1.15 per cent to close at Rs540.35 on the Bombay Stock Exchange.
The airline carried around 3,67,246 passengers in December 2009 last as against 2,86,711 in December 2008 on international sector. It carried 3,25,869 to various international destinations in the month of November 2009.
As per the data available with the Directorate General of Civil Aviation (DGCA), the figures of passenger traffic in the country for November stood at 40 lakh as compared with 30.48 lakh in same month last year.