Jet Airways to transfer additional aircraft and routes to Jet Airways Konnect

Jet Airways reportedly announced plans to add six additional B737 aircraft to the fleet of Jet Airways Konnect, its new all Economy service, and replace full service off-peak flight on metro routes with Konnect services (The Economic Times, 18-Sep-09). The transfers are expected to be completed over the next two to three months. Jet Airways Konnect already operates 130 services per day with a fleet of 11 B737 aircraft. Jet Airways reportedly stated that Jet Airways Konnect has reduced yields by 10%, partially attributed to a 30-35% gap between the parent and subsidiary's fares, however, increased seat factor on Konnect by 20-25%.