Monday, July 09, 2012

Jet to focus on non-ticket revenues to boost bottom lines

Mumbai: With competition making it difficult to hike fares, Naresh Goyal-owned private carrier Jet Airways is looking at increasing revenues from ancillary activities to help it in the face of mounting losses, a senior official said on Monday.
"Currently, ancillary revenue or the non-ticket revenue accounts for only 3 per cent of our total revenues. We are aiming to enhance it to a sizeable proportion," Jet Airways' vice president, marketing, Manish Dureja told reporters on the sidelines of an event here.
He said that the ancillary revenue business world-over across airlines stands at $33.5 billion but in India, it is almost negligible.
09/07/12 PTI/Daily News & Analysis
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