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Jet Air passenger traffic up 4th straight month in Jan

Source REUTERS
Last Updated: Tue, Feb 09, 2010 12:58 hrs
Jet Air passenger traffic up 4th straight month in Jan

Private carrier Jet Airways said on Tuesday it posted a 30 per cent growth in international passenger traffic in January while domestic passenger traffic grew 26 per cent compared with last year.

Jet in cargo venture talks with FedEx

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.

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At 11:54 am, shares in Jet were up 2.5 per cent at Rs 485.70 in a choppy Mumbai market.



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