Jet Airways Q3FY08 Results

Jet Airways India Ltd has announced the following Un-Audited results for the quarter ended December 31, 2007:

The Company has posted a net loss of Rs 911.20 million for the quarter ended December 31, 2007 as compared to net profit of Rs 400.40 million for the quarter ended December 31, 2006. Total Income has increased from Rs 19696.90 million for the quarter ended December 31, 2006 to Rs 25171.80 million for the quarter ended December 31, 2007.

Jet Airways introduces Daily Flights from Chennai to Toronto and New York, effective December 06, 2007

Jet Airways India Ltd has informed that the Company will introduce a daily flight from Chennai to Toronto and New York via Brussels, effective December 06, 2007.

In this regard Company issued following Press Release:

"Jet Airways will introduce a daily flight from Chennai to Toronto and New York via Brussels, effective December 06, 2007.

At Brussels, flights will be synchronized in order to provide passengers seamless transfer between Delhi, Mumbai and Chennai to cities in North America - New York (JFK), Toronto and New York (Newark).

Jet Airways in partnership with Brussels Airline allows passengers to choose to fly to 54 European destinations which includes destinations like Venice, Frankfurt, Stockholm, Rome, Munich, Madrid and Geneva. Jet Privilege members can also earn and redeem JP Miles on all the routes of Brussels Airlines.

Jet Airways will use a brand new Airbus 330-200 aircraft on this route, which carries its passengers in a two-class layout and offers unprecedented levels of luxury, privacy and comfort in the air. The Airbus 330-200 aircraft has been especially configured for international operations with 30 seats in Premiere Class and 190 seats in the Economy Class. This Next-Generation aircraft promises to offer unmatched international experience in Premiere and Economy Class.

The new Premiere flat beds represent the absolute latest in airline seat technology. Featuring a 73" bed length that electronically converts to an enormous 180-degree flat bed with lumbar support and massage systems, Premiere passengers will rest in unequalled comfort. The menu choices are exquisite and extensive. The finest of French Wines, Champagnes, including vintage Dom Perignon and a library of single malt whiskies will be offered.

The new economy seat has a seat pitch of 32". It has been custom designed using the science of advanced ergonomics to create arguably the most comfortable economy seat in the sky.

Jet Airways flight 9W 226 (Chennai-Toronto) will depart Chennai International Airport at
0115 hrs and arrive at Brussels at 0715 hrs. Flight 9W 226 will then depart Brussels at 0915 hrs and arrive at Toronto’s Pearson International Airport at 1255 hrs, thus allowing our Chennai passengers a seamless connection to New York (Newark) and Toronto, besides New
York (JFK). On the return leg, Jet Airways flight 9W 225 (Toronto-Chennai) will depart
Toronto's Pearson International Airport at 2030 hrs and arrive at Brussels at 0930 hrs. Flight 9W 225 will then depart Brussels at 1130 hrs and arrive at Chennai International Airport at 0140 hrs.

Jet Airways will be offering a special inaugural Economy return fare of Rs 36,000/- plus taxes. Premiere class return fares start from Rs 1,57,500/- plus taxes.

At Brussels, Jet Airways' First and Premier Class passengers will be welcomed at the airlines' newly inaugurated lounge, a stunning example of contemporary design. The facilities and features, as well as the comfort and luxury of the lounge in Brussels make it arguably one of the best in the world."

Jet Airways hikes fuel surcharge

Jet Airways India Ltd has informed that effective November 05, 2007 the Company will revise the fuel surcharge by INR 150 applicable on all types of fares in both Club Premiere and Economy Class tickets on all domestic routes in India. The surcharge has been necessitated in view of the escalation in Aviation Turbine Fuel (ATF) prices.

In this regard the Company has issued the following Press Release:

Jet Airways has announced that effective November 05, 2007 the fuel surcharge will go up by INR 150 on all types of fares both Club Premiere and Economy Class tickets on all domestic routes in India.

The surcharge has been necessitated in view of the escalation in Aviation Turbine Fuel (ATF) prices.

The revised fuel surcharge of INR 1350 which has gone up from INR 1200 will be applicable on all tickets purchased within India. This surcharge of INR 1350 will be collected per flight coupon on all domestic routes within India. For tickets issued outside India, a surcharge of USD 34 will be applicable on each sector of domestic travel in India.

It is also applicable on all domestic segments, even if the domestic segment is part of an international journey.

The surcharge will not be applicable on sale of tickets on or before November 04, 2007. However, the surcharge will be applicable if tickets are presented for any voluntary change on or after November 05, 2007.

Jet Airways introduces Toronto flights

Jet Airways India Ltd announces the introduction of its first flight from Chennai to Toronto, via its hub in Brussels. This follows the induction of a brand new Airbus 330-200 aircraft into the the Company's fleet, which will be used to operate these flights.

This will be the airline's first Wide-Body operation from the southern region to North America.

Effective October 28th until December 04, 2007, the Company will offer four times a week service - on Mondays, Wednesdays, Fridays and Saturdays.

At Brussels, flights will be synchronized in order to provide passengers seamless transfer between Delhi, Mumbai and Chennai to cities in North America - New York (JFK), Toronto and New York (Newark).

To launch this very important route, the Company will use a brand new Airbus 330-200 aircraft, which will carry its passengers in a two-class layout and offers unprecedented levels of luxury, privacy and comfort in the air. The Airbus 330-200 aircraft has been especially configured for international operations with 30 seats in Premiere Class and 190 seats in the Economy Class. This Next-Generation aircraft promises to offer an international experience in Premiere and Economy Class.

The new Premiere lie flat beds represent the absolute latest in airline seat technology. Featuring a 73" bed length that electronically converts to an enormous 180-degree flat bed with lumbar support and massage systems, Premiere passengers will rest in unequalled comfort. The menu choices are exquisite and extensive. The finest of French Wines, Champagnes, including vintage Dom Perignon and a library of single malt whiskies will be offered.

The new economy seat has a seat pitch of 32". It has been custom designed using the science of advanced ergonomics to create arguably the most comfortable economy seat in the sky.

The state-of-the-art In-Flight Panasonic eX2 Entertainment system offers passengers over 200 hours of Hollywood and Bollywood movies, regional films, television and short programming, audio CD covering every imaginable music genre and much, much more; all on demand.

At Brussels, the Company's First and Premier Class passengers will be welcomed at the airlines' newly inaugurated lounge, a stunning example of contemporary design. The facilities and features, as well as the comfort and luxury of the lounge in Brussels make it arguably one of the best in the world.

The Company's flight 9W 226 (Chennai-Toronto) will depart Chennai International Airport at 0115 hrs and arrive at Brussels at 0715 hrs. Flight 9W 226 will then depart Brussels at 0915 hrs and arrive at Toronto’s Pearson International Airport at 1255 hrs, thus allowing our Chennai passengers a seamless connection to New York (Newark) and Toronto, besides New York (JFK). On the return leg, the Company's flight 9W 225 (Toronto-Chennai) will depart Toronto’s Pearson International Airport at 2030 hrs and arrive at Brussels at 0930 hrs. Flight 9W 225 will then depart Brussels at 1130 hrs and arrive at Chennai International Airport at 0140 hrs. Effective November 04, 2007, the timings of the flights will be changed due to daylight saving time in United States.

For a limited time only, the Company is offering a special inaugural Economy return fare of Rs 36,000/- plus taxes. Premiere class return fares start from Rs 1,57,500/- plus taxes.*

* Conditions Apply.

Jet Airways New York - New Delhi Flight

Jet Airways India Ltd announces the launch of a daily flight from New Delhi to New York’s John F Kennedy (JFK) International Airport, via its hub in Brussels.

The Company already operates daily flights on the Mumbai-Brussels-New York (Newark) sector. With the induction of this new daily Delhi-Brussels-New York (JFK) service Jet Airways will further complement and enhance the airlines' services offering its passengers a second flight to New York city.

At Brussels, flights will be synchronized in order to provide passengers a seamless transfer between Delhi, Mumbai and Chennai to cities in North America - New York (JFK), Toronto and New York (Newark).

For the Delhi - New York (JFK) flight, the Company will use a brand new Boeing 777-300 ER aircraft, which has been especially configured in a three-class configuration for international operations with 08 Suites in First Class, 30 seats in Premiere Class and 274 seats in the Economy Class which will offer unprecedented levels of luxury, privacy and comfort in the air.

With the launch of its First Class, Jet Airways has created the first airline 'suite' in the sky. Each First Class suite provides over 26sq ft of usable space and features dual sliding doors that provide complete privacy. These suites will feature the world's longest First Class bed at 83 inches and massive 20 inch flat screen monitors. The menu choices are exquisite and extensive. The finest of French Wines, Champagnes, including vintage Dom Perignon and Krug, and a library of single malt whiskies will be offered.

The new Premiere lie flat beds represent the absolute latest in airline seat technology. Featuring a 73" bed length that electronically converts to an enormous 180 degree flat bed with lumbar support and massage systems, Premiere passengers will rest in unequalled comfort.

The new Economy seat has a seat pitch of 32". It has been custom designed using the science of advanced ergonomics to create arguably the most comfortable economy seat in the sky.

The state-of-the-art In-Flight Panasonic eX2 Entertainment system offers passengers over 200 hours of Hollywood and Bollywood movies, regional films, television and short programming, audio CD covering every imaginable music genre and much, much more; all on demand.

At Brussels, the Company's First and Premiere Class passengers will be welcomed at the airline's newly inaugurated lounge, a stunning example of contemporary design. The levels of comfort offered in the lounge are arguably one of the finest in the world.

The Company's Delhi-Brussels - New York (JFK) flight 9W 230 will depart New Delhi's Indira Gandhi International Airport at 0245 hrs and arrive at Brussels International Airport at 0720 hrs. Flight 9W 230 will then depart Brussels International Airport at 0920 hrs and arrive at New York's JFK International Airport at 1245 hrs. On the return leg, Jet Airways' New York (JFK)- Brussels - Delhi flight 9W 229 will depart New York's JFK International Airport at 1955 hrs and arrive at Brussels International Airport at 0930 hrs. Flight 9W 229 will then depart Brussels International Airport at 1130 hrs and arrive at New Delhi's Indira Gandhi International Airport at 0010 hrs.

Effective November 04, 2007, the arrival timings of the flights in New York will be changed due to the daylight saving in the United States.*

The Company will operate into American Airlines’ brand new terminal at JFK and passengers will be able to connect to the American Airlines network.

The Company as part of its inaugural offer, has introduced special Economy return fare of Rs 36,000/- plus taxes. Premiere class return fares start from Rs 1,53,000/- plus taxes and First Glass return fares from Rs 3,45,000/- plus taxes.**

*Subject to Government Approval.
**Conditions apply

Jet Airways Q2FY07 Results

Jet Airways India Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 283.60 million for the quarter ended September 30, 2007 as compared to net loss of Rs 551.30 million for the quarter ended September 30, 2006. Total Income has increased from Rs 17873.30 million for the quarter ended September 30, 2006 to Rs 22541.70 million for the quarter ended September 30, 2007.

Jet Airways with Brussels Airport

Jet Airways India Ltd has announced that the Company has cooperated with Brussels Airport to build a prestigious Airport Lounge at its hub in Brussels. Jet Airways First and Premiere passengers will be able to spend their transit time at the Brussels airport in a
quiet, luxurious and comfortable environment.

The Company's lounge at the Brussels hub manned by friendly, multilingual staff, offers a unique travel experience allowing passengers to transfer and travel in great comfort.

In keeping with the Company's exceptional standards of service and hospitality, First and Premiere Class passengers will now be welcomed by what promises to be Europe's highest expression of contemporary luxury, comfort and high design from a major international airline.

The Company's Airport Lounge has been designed by the prominent architecture and design firm SOM and has room for 18 First Class and 59 Premiere passengers. The main challenge for the designers was to maximize the lounge surface, some 522m2 and to create a sense of space.

Passengers on their way to the lounge are immediately impressed by the outside walls in Italian natural stone and striking atmosphere lighting. A spacious reception hall divides the open lounge into two large sections: one for First Class passengers and a larger section for Premiere travelers.

The illumination and the space in combination with the soothing shades of beige and grey, the natural materials used and the leather design furniture create a luxurious and cosmopolitan loft feeling, carefully chosen details reflect a subtle hint of modern India.

Passengers wishing to rest can lounge in one of the many comfortable Italian leather design chairs. Entertainment zones have been installed in three different locations in the lounge with large Pioneer flat screen televisions and Bose headphones allowing the user to view and listen to programmes of his choice undisturbed.

A media wall in the First Class area and a reading room in Premiere equipped with design rocking chairs offer passengers a wide selection of periodicals and magazines.

Luxuriously appointed facilities allow passengers to refresh themselves and First Class passengers even have facilities for a shower.

Passengers wanting to make efficient use of their waiting time can connect to the Internet via one of the many connection points for laptops or wireless. The Company also provides a business centre with a meeting room and four Internet stations as well as a printer and fax.

Premiere passengers can enjoy a meal or a drink in a cosy buffet area, where they can choose from a variety of Indian and European dishes and snacks. First Class passengers can enjoy table service, but can also opt for self-service at the buffet if they so prefer.

A separate play area is provided for children with large ‘Fatboy’ poufs, fitted carpet and a television. A glass partition allows parents to keep an eye on their children. A secluded nursing room backs onto the playroom, where young mothers can feed their children.

Commenting on the launch of the new lounge at it’s hub in Brussels, the Company's Chairman, Mr. Naresh Goyal said, "The Jet Airways lounge is arguably one of the finest in the world. No effort has been spared to give our passengers facilities and comfort in a luxurious setting."

The Company's European HUB at Brussels Airport now connects passengers to New York and Toronto via Brussels - from Mumbai, Delhi and Chennai. Passengers can also enjoy greater flexibility and seamless connectivity from Brussels to key cities in Europe and Africa.

Jet Airways wins award

Jet Airways India Ltd has informed that the Company's website, www.jetairways.com, was awarded the prestigious Genius of the Web Awards 2007 for the Best Airlines website.

The Web18 Genius of the Web Awards are a pioneering set of awards in multiple categories, instituted to honour outstanding industry achievement in the online space.

In this regards the Company has issued following Press Release :

"The Jet Airways website, www.jetairways.com was awarded the prestigious Genius of the Web Awards 2007 for the Best Airlines website. The awards were organized by web 18, a part of the esteemed Network 18 group. The awards were announced on October 18, 2007 at a glittering function at the ITC Grand Central, Mumbai. The award was received by Mr. Belson Coutinho, General Manager - eCommerce & Distribution. The best players from the world of dotcom had come together to appreciate and acknowledge the outstanding achievements in the online space.

The event had amalgamation of some of the most powerful and influential names from the online world such as Mr. Shailesh Rao, MD, Google India, Mr. Anupam Mittal, Chairman, People Group, Mr. Sanjeev Bhikchandani, CEO, Info Edge, Mr. Ajit Balakrishnan, Chairman & CEO, Rediff and Mr. Neeraj Roy, CEO, Hungama.

The Webl8 Genius of the Web Awards are a pioneering set of awards in multiple categories, instituted to honour outstanding industry achievements in the online space. The awards were presented on the basis of comprehensive industry research by global research leaders Frost & Sullivan. These awards recognise the diligence and Innovation required by companies to implement a successful business plan and excel in the marketplace.

Speaking on Jet Airways' achievement, Mr. Gaurang Shetty, Vice President-Marketing, said "Jet Airways is pleased to have been awarded the Best Airline website. Currently www.jetairways.com is loaded with many unique features specially for frequent flyers and the increasing number of online transactions reflect the popularity of the airline website

Jet Airways India to expand domestic network

Jet Airways India Ltd has announced that the Company will expand its domestic network with induction of a new Mumbai-Chandigarh service and additional daily services to Kochi and Bhopal effective October 17, 2007.

In this regard the Company has issued the following Press Release:

"Jet Airways India Ltd announces the introduction of a new Mumbai-Chandigarh service and additional daily services to Kochi and Bhopal, thus expanding its domestic network. This follows the induction of two classic and next generation Boeing 737-700/800 aircraft into its fleet, effective October 17, 2007.

Jet Airways will operate its first ever daily flight from Mumbai to Chandigarh with a Boeing 737-700 aircraft with 20 seats in Premiere and 102 seats in Economy class. Jet Airways flight 9W 317 (Mumbai-Chandigarh) will depart Mumbai at 1015 hrs and arrive in Chandigarh at 1215 hrs. On the return leg, flight 9W 318 (Chandigarh-Mumbai) will depart Chandigarh at 1250 hrs and arrive in Mumbai at 1450 hrs.

Jet Airways also announces the enhancement of its frequencies to Kochi and Bhopal from Mumbai. Jet Airways flight 9W 407 (Mumbai-Kochi) will depart Mumbai at 1730 hrs and arrive in Kochi at 1915 hrs. The return flight 9W 408 (Kochi-Mumbai) will then depart Kochi at 1955 hrs and arrive in Mumbai at 2140 hrs. This will allow Jet Airways' Kochi passengers to connect onto our international flights to London, Brussels and Newark with ease.

On the Mumbai-Bhopal sector, flight 9W 3107 (Mumbai-Bhopal) will depart Mumbai at 0630 hrs and arrive in Bhopal at 0830 hrs. Flight 9W3108 will then depart Bhopal at 0900 hrs and arrive in Mumbai at 1105 hrs.

According to Mr. Wolfgang Prock-Schauer, Chief Executive Officer, Jet Airways. "The domestic sector has been our mainstay and the introduction of our new service to Chandigarh, as well as the addition of our fourth frequency to Kochi and second frequency to Bhopal, reflects Jet Airways’ commitment to providing its domestic passengers flexibility of time and frequency"."

Jet Airways India

Jet Airways India Ltd has informed that Jet Airways' Frequent Flyer programme - Jet Privilege in its constant endeavor to offer enhanced opportunities to earn and redeem JP miles, has now partnered with the world's leading publications TIME and FORTUNE magazines.

With this, members can earn Jet Privilege (JPMiles) only when they subscribe online either through the Company's website or through the website of TIME www.time.com/jetairways

Similarly, members can earn JPMiles by subscribing online either through the Company's website or through the website of FORTUNE magazine www.fortune.com/jetairways

Members can earn up to 1000 JPMiles for a 3 years subscription on these magazines.

Jet Privilege programme chose to partner with these two premium publications TIME and FORTUNE, keeping in mind its member profile and the preference of these two brands amongst its membership base.

TIME is the world’s leading newsweekly and is trusted by millions of readers for its insightful and reliable reporting on world politics, business, finance, technology, education and more.

FORTUNE keeps readers abreast of the latest management thinking, changing technology at workplace, benefit from the experience across a diverse range of industries and gain valuable investment advice to increase one's wealth

Jet Airways

Jet Airways India Ltd has informed that the Company was awarded the prestigious Avion Award for "Best Overall In-flight Entertainment (IFE) for Small Airlines" for the second consecutive year, at the 19th Annual Avion Awards 2007.

In this regards the Company has issued the following Press Release:

"Jet Airways was awarded the prestigious Avion Award for "Best Overall In-flight Entertainment (IFE) for Small Airlines" for the second consecutive year, at the 19th Annual Avion Awards 2007. The ceremony took place during the 28th Annual Conference and Exhibition of the World Airline Entertainment Association on September 17, 2007 in Toronto, Canada.

Jet Airways was judged on the basis of its commitment to excellence in creating one of the most comprehensive in-flight entertainment systems in the world with some of the most
special and unique programming features.

Skytrax, the leader in airline passenger opinion studies, about their In-flight entertainment experiences, assessed the winners from a two-month long survey of more than 36,000 airline passengers worldwide.

Ms. Ranjani Krishnamurthy, Manager — IFE, received the award on behalf of Jet Airways.

World Airline Entertainment Association (WAEA) was founded in 1979 as a nonprofit organization and is the official worldwide network representing nearly 100 airlines and over 250 airline suppliers, committed to excellence in in-flight entertainment and communications and the continual improvement of the airline passenger environment."