Jet Airways cuts local flight fares

Monday, September 14, 2009
Delivery flight to Gander 737-700 Boeing Field...

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Jet Airways (India) Ltd., is looking  to get back customer confidence after a five-day strike by its pilots, and said it would slash  local fares by 50 percent for three days beginning today.

The airline cancelled more than 1,000 flights since Sept. 8 after approxiamtely 400 pilots walked off their jobs, objecting the dismissals of four colleagues.

Now the airline must guarantee such labor problems don’t hamper its operations as it seeks to win back customers.

Shares of Jet Airways rose as much as 4.6 percent, the most in two weeks, to 270.4 rupees, and changed hands at 264.8 rupees at 10:11 a.m. in Mumbai. The stock has gained 30 percent this year compared with a 67 percent advance for the Sensex index.

The strike led to daily revenue losses of about $2.2 million and cancellations of about 230 flights a day, causing inconvenience to as many as 100,000 passengers,

Jet Airways, India’s premier international airline, and Jet Airways Konnect, Jet Airways’ all- economy no-frills service, will offer a promotional fare that reflects a 50% discount on its total fare in Economy class across all domestic flights.
With limited seats under this offer, the sale of these special fares will be between September 14 and September 16, 2009. Travel needs to be completed by September 18, 2009
These bookings can be made through any travel agent, our call centre or on www.jetairways.com. JetPrivilege members will earn 1000 Bonus JPMiles for all bookings made on jetairways.com during the offer period.
According to Mr. Wolfgang Prock-Schauer, CEO, Jet Airways, "With these new low, limited-time fares, we hope to welcome travellers back aboard Jet Airways' and Jet Airways Konnect's extensive domestic services, which cover the length and breadth of the country between them."
14/09/09 PRESS RELEASE/Jet Airways

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