Thursday, May 28, 2009

Jet launches economy-class service, Jet Airways Konnect

Jet launches economy-class service, Jet Airways Konnect

Jet Airways yesterday said it was replacing 19 domestic routes with a new all economy-class service.

The new service, named Jet Airways Konnect, which is parallel to its low-cost arm JetLite, would have 54 flights daily from across 19 domestic sectors, Jet Airways' Chief Commercial Officer Sudheer Raghavan told reporters here.

"Jet Airways Konnect has been designed to meet the needs of the low-fare segments. It would compliment Jet Airways'full service product by providing a service that is better suited to cater to the market that desires an economically priced low-fare product," Raghavan said.

The new service offers a no-frills economy-class service where travellers would be offered attractive and competitive low fares on specific routes, he said."The fares would come down by 12-15 per cent. So the math is in the right ball-park," Raghavan said.

Chennai, Coimbatore, Madurai, Kochi, Mumbai, Ahmedabad, Bhopal, Udaipur, Bangalore, Pune and Mangalore are among the 19 routes that Jet Konnect will fly to.

Raghavan, however, said that while there was a lot common in the operational models of the two - JetLite and Jet Airways Konnect - there would be no overlapping as far as their routes were concerned.

" There would hardly be any overlap between JetLite and Jet Konnect. And even if there is any, we will ensure that the timings are such that there is no confusion and no cannibalisation," the airline official said.

Admitting that the on-going recession had forced the airline to replace its full-service carrier with an all economy-class service on certain routes, Raghavan said," Recession has played a significant part in this decision. But when there is a demand for a full service, we will definitely re-start it."

Jet Airways also said that the new service would not incur any cost."All we are doing is branding. It involves no extra cost," he said.

Raghavan, however, did not divulge the savings on meals that the airline would be making, saying that,"I can't share (that) with you - how much we are going to save or earn."

Wednesday, May 27, 2009

Four new Jet Konnect flights

Four new Jet Konnect flights

Jet Konnect, Jet Airways' new all-economy service, will include five new services from Wednesday. Four of these services will be
from Kolkata.

The airline will enhance air connectivity with the North-East with flights on Kolkata-Jorhat, Kolkata-Agartala, Kolkata-Guwahati and Guwahati-Agartala sectors. It will also start a new Kolkata-Bangalore service.

"There is latent demand for a quality, all-economy service on several key domestic routes. With the successful introduction of Jet Airways Konnect's new service based on strong demand, we are confident that our new flights will be very well received," said Jet Airways CEO Wolfgang Prock-Schauer.

Monday, May 25, 2009

Jet Airways Konnect to add five more flights

Jet Airways Konnect to add five more flights

An all new economy service, Jet Airways Konnect will expand its network with the addition of five flights from May 20, reports Economic Times.


Jet Konnect service will enhance connectivity in the North Eastern region with the introduction of flights to Jorhat, Agartala and Guwahati from Kolkata.


Jet Konnect will also include Guwahati-Agartala sector, apart from launching Kolkata-Bengaluru service, Jet said in a statement.

Jet Konnect service, which offers lower fares than full service carrier Jet Airways, (Q, N,C,F)* currently links four major metros, Mumbai, Delhi, Bengaluru and Chennai to several destinations across India.

Started on May 8, Jet Airways Konnect currently operates a fleet of six ATR 72-500 and two Boeing 737-800 aircraft.

Shares of Jet Airways closed up Rs 38.55, or 18.06%, at Rs 252. The total volume of shares traded at the BSE was 9,913 (Monday).

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Tuesday, May 12, 2009

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JetKonnect

Leading private carrier Jet Airways will launch a new economy service, 'Jet Airways Konnect', from Friday on select sectors, the airline announced on Thursday.

The company said in a regulatory statement that Jet Konnect would offer almost all services of the parent carrier and would help the airline cater to the needs of the consumers opting for low-fare services.

"The only difference will be that Jet Konnect travellers will have to buy their meals on-board," the company said. Both Jet Airways and its low-cost carrier JetLite now offer food to their travellers on-board.

The ground and in-flight services of Jet Konnect will be handled by the airline employees, the statement said.

Initially, it will operate with two 737 and six ATR aircraft in sectors like Chennai-Coimbatore, Chennai-Madurai, Chennai-Kochi, Mumbai-Ahmedabad, Mumbai-Bhopal, Mumbai-Udaipur, Bangalore-Pune and Bangalore-Mangalore.

"Consumer demands are changing rapidly in a dynamic global environment. We believe Jet Airways Konnect service will give us the flexibility and speed to deploy capacity to meet these changing trends," Jet Airways chief commercial officer Sudheer Raghavan said.









The company late last month had slashed salaries of its senior employees as part of its cost-cutting measures to cope with the slowdown.

Jet Airways' market share in the first quarter of 2009 stood at 25.3 per cent, while Kingfisher Airlines was ahead of it with 27.2 per cent.