Friday, September 18, 2009

Jet Konnect to fly on metro routes

New Delhi: The country’s second largest private carrier Jet Airways, which is planning to replace its off-peak hour flights on metro routes by its low-fare service to contain losses, will add six more B-737 aircraft to its no-frill Jet Konnect network.
“In the next 2-3 months we will replace off-peak hour full-fare flights by Jet Konnect,” Jet Airways official asking not to be named said. He said this is largely because there is very little demand for business class even on busier metro routes.
Jet Konnect currently operates 130 flights across the country with a fleet size of 11 B737s. These six more aircraft being diverted from its full fare service to Jet Konnect will take the fleet size to 17. Jet Airways has seen a 20-25% increased load on flights operated by Jet Konnect, even though its yield has fallen by about 10%. Jet is planning to introduce all-economy Jet Konnect flight even on the country’s busiest Delhi-Mumbai route.
“Despite the drop in yield, revenues are on the positive side,” another company official, who also did not wish to be identified, said.
18/09/09 Nirbhay Kumar/Economic Times
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