Earlier Posts:


Whenever an airline makes it very easy to earn miles, they also come to a point where they devalue them, and call them adjustments. However, in the case of Jet Airways, they released the new redemption rules by mistake last week, and my determination was that the airline is slashing miles required on many a domestic routes but redemptions on international routes are going to be hit very hard.

image

Today, they officially released the new redemption chart, and have given us a month to utilise the old redemption chart before they go through with the new rates for redemption. Take note, this announcement is only for Jet Airways and Jet Konnect flights on various routes. There is no mention on the requirements for partner flights.

Minimum miles for a redemption: JetPrivilege has raised the bar on redemptions. While earlier the minimum redemption requirement was a minimum of 4000 JPMiles, now the minimum miles required for a redemption are 5000 JPMiles.

Fuel Surcharges are eliminated: Jet Airways has adjusted the number of miles required on nearly all routes and knocked off fuel surcharges from the ticket prices. Henceforth, you only need to pay the statutory charges to redeem your ticket such as airport taxes.

Domestic Redemptions are getting much better: Like I mentioned in my post the last week, most redemptions for domestic flights are slightly being adjusted. While the 4000 JP Miles minimum flights are all moving to 5000 JP Miles minimum, there are a lot of routes going down in terms of redemption value as well. And that too with fuel surcharges going away. With this, Domestic redemptions become the sweet spot of Jet Airways JetPrivilege programme.

Out of the 244 routes published by Jet Airways in the domestic redemption table, 174 will now cost a lesser number of miles, and 70 will cost more number of miles. The upside is at best 25% more miles, while on the downside, there are routes which now require 50% miles less as well in some cases, such as Bhopal – Chandigarh.

International Redemptions are getting much much expensive: Like I mentioned earlier, travelling on Jet Airways’ own metal, abroad, is going to get very very bad. The fuel surcharges are going away, however, the number of miles required is going up significantly in most cases, including the premium classes.

  • Neighbouring Stations: No trends here. Kolkata-Dhaka, Colombo-Chennai, become 50% more expensive, while Delhi-Kathmandu, Abu Dhabi-Kuwait become 50% cheaper for redemptions.
  • Regional Routes: No adjustment when you fly from Delhi/Mumbai – Dhaka, Mumbai – Colombo/Muscat/Kathmandu/Dhaka/Abu Dhabi.
  • Flights between India – Middle East: Most flights between India and the Middle East are going up by 12-50% in terms of number of miles required.
  • Flights between India – South East Asia: All flights to South East Asia will now require 50% more miles across the board from September 1, 2014.
  • Transatlantic Flights: Flights between Europe and North American on Jet Airways’ network will cost almost double now using JPMiles. For instance, the business class which used to cost 40,000 miles will now be 75000 miles between Brussels and Newark.
  • India – Europe/North America Flights: India to Europe/North America will see an inflation of 57-60% in terms of number of miles required in all classes of service.

Why do I call this gutting the premium cabin charts: When I redeemed miles for an India/USA business class round trip on Jet Airways a few years back, fuel surcharges on a round trip were about INR 25,000. In today’s day and age, they are about INR 39,000.  So, a Jet Airways business class between Mumbai and New York today costs me 188000 miles + 39000 INR Fuel Surcharge + INR 6300 statutory charges. A revenue ticket costs me INR 230,000. Hence, the value of 188000 miles is worth INR 185000, so near about INR 1 in value per JPMile.

From September 1, 2014, Jet Airways wants to charge me 300000 JPMiles for the same round trip in Business Class. Which means, in mileage terms, for the same ticket of INR 230,000 they want to charge me 300000 JPMiles. Hence, the value of a mile reduces from INR 1 to INR 0.75.

Economy cabin redemptions might just work out better: Another example, for economy class this time. A BOM-HKG economy class round-trip ticket costs INR 30000. In the current redemption structure, which is anyways stupid for this kind of route, they wanted us to pay 40000 JP miles + INR 14000 Fuel Surcharge and INR 3076 as Airport taxes. Hence, the value of a JP Mile came down to a lowwwwwwwww INR 0.33.

Under the new structure, they want you to pay 60000 JP Miles + INR 3076. Which means for the same fare, you now get a value of INR 0.45.

For India – Europe, lets say a revenue ticket costs INR 53000 for a roundtrip. In the current redemption structure, with INR 25000 fuel surcharge, you end up paying 54000 JPMiles+25000 INR (YQ)+INR 5000 (airport taxes etc) to get there, bringing the value of a mile to INR 0.42.

Under the new structure, it is going to be 85000 JPMiles for a roundtrip to Europe in economy, so you at least get INR 0.56 of value.

The best part is, I have not even accounted/adjusted for the potential miles you earn on a revenue ticket to come at the valuation for international segments.

Bottomline: Jet Airways clearly wants you to redeem domestically and not on their international flights. If you like the older structure better, you could redeem miles now for your travels upto 331 days out. Else, wait for the new structure to kick in on September 1, 2014.

Join over 3600 people who check-in daily to find out about the best in travel.
Free emails (once-a-day) | RSS Feeds | Facebook Updates | Twitter | Instagram

Posted by Ajay Awtaney | 3 Comments

Jet Airways is upping the redemption game which they started a few years back, offering a 50% off on mileage redemption tickets across India for this quarter as of today.

For the past two years, Jet Airways offered a 20% off on mileage redemptions, if booked online, something they discontinued in April 2014. Now, for travel between July 7, 2014 to September 30, 2014, they are offering a 50% off for redemptions across their domestic sectors in economy and Premiere class if you choose to make the redemption online.

9wmilesredemption

The promotion is valid for JP redemption bookings made between July 07, 2014 to July 21, 2014, only if you issue your tickets using the online redemption engine on www.jetairways.com. So, if you issued your tickets before this date, you don’t get the discount, but if you choose to cancel and rebook the tickets, you may get the discount (one can never be 100% sure an award ticket cancelled goes back into award inventory on cancellation). If you choose to cancel and rebook, remember, it would cost you 500 JP miles for the cancellation per passenger.

The inventory looks pretty good with this sale, and I am now seeing BOM-DEL flights for 5250 miles plus taxes/surcharge and BOM-GOI flights at only 2500 miles plus taxes, which is a steal!

(h.t. to Gaurav Agarwal)

Related Posts:

Join over 3400 people who check-in daily to find out about the best in travel.
Free emails (once-a-day) | RSS Feeds | Facebook Updates | Twitter | Instagram

Posted by Ajay Awtaney | 9 Comments

Back in 2012, I had written about JetPrivilege, the loyalty program of Jet Airways, being spun off into a separate company. Some of the biggest Mileage programs around the world are run as independent companies, and I saw this approach as no different.

However, it came handy when the deal was to be made between Jet Airways and Etihad for a strategic alliance. Etihad typically uses the loyalty programs to fund a lot of money for the airline. They infused a huge amount into the TopGuest program of Air Berlin, and then they bought out a majority stake in JetPrivilege for about $150 million. When this deal was formalised, I’d hazard a guess that I must be worth $250 as a JetPrivilege Platinum member for the airline.

Now, I’ve wondered for a few weeks about why are the benefits not being published. Jet Airways stake sale to Etihad had been concluded a few months ago, and one of the benefits of being in this equity alliance, like James Hogan likes to address it, is cross benefits on various carriers which have the Etihad investments. For instance, Velocity Frequent Flyer members get access to airberlin lounges and Priority boarding on Etihad, while they have nothing to do with airberlin (both carriers are at far ends of the world) .

As per Bloomberg, last evening the regulatory approval came through for the purchase of Jet Airways’ 50.1% by Etihad, and now I’d expect the transaction to be closed sooner than later. Subsequently, the benefits of the alliance could be extended to Jet Privilege members as well, something I am personally looking forward to hear as well.

Join over 2900 people who check-in daily to find out about the best in travel. Free emails (once-a-day) | RSS Feeds | Facebook Updates | Twitter | Instagram

Posted by Ajay Awtaney | 2 Comments

Back in November, American Express India launched a member-get-member promotion, where the referrer and referred new cardholder are both going to get bonus points/miles for signing on for a new American Express Credit Card via this program. Under the program, the referrer will get 3,000 extra JPMiles if they hold the Jet Amex, and 3,000 […]

Posted by Ajay Awtaney | 3 Comments

At the outset, this is a rant. So those of you who don’t like ‘em, should quit now. Otherwise, read on. My last trip out of town was to Goa, when I popped on to a Jet Airways plane both ways to go to Goa and come back to Mumbai. Now, I am usually very […]

Posted by Ajay Awtaney | 5 Comments

Last week, I posted about Jet Airways offering a 20% bonus on converting your credit card points to Jet Privilege miles. I got a few queries about the transfer process and/or output, and I thought I’d answer them here in public interest: I got a question on Twitter, asking me if the 20% JP Miles […]

Posted by Ajay Awtaney | 3 Comments

Jet Airways has sent out emails to select members offering them 3x miles on their flight between June 18, 2013 to September 17, 2013. It is a sort of a welcome back offer, and offered only to members who have been sent out the emailers. The Triple miles offer is on the base miles flown, […]

Posted by Ajay Awtaney | One Comment

Jet Airways is back with a transfer bonus for you to transfer your credit card points to Jet Privilege miles. These offers were not usual from Jet Airways, but last year they offered a 25% bonus, which has gone down to 20% this year. Between June 15, 2013 to July 15,2013 (both dates inclusive) you […]

Posted by Ajay Awtaney | 12 Comments

Jet Airways has sent out emails to several members of the Jet Privilege program, where they are crediting 20% of the flown miles for the last 20 flights flown with Jet Airways/Jet Konnect between the period 05 May 1993 to 05 May 2013. The mileage credit is exclusive of cabin bonuses, tier bonuses or any […]

Posted by Ajay Awtaney | 5 Comments

There, I said it! I’ve covered all the 3 co-branded partnerships between Jet Airways and different banks on this blog whenever they were introduced. I’ve also gone through the process of acquiring all these cards over a period of time, proof enough of how much I love collecting JP Miles. There has been a certain […]

Posted by Ajay Awtaney | 9 Comments

Last year in March, Jet Airways had introduced a promotional discount of 20% for domestic redemptions in Jet Airways Economy and Premiere Cabins, only if you booked the redemption tickets online. This promotion was extended till March 31, 2013, and now has been further extended till September 30, 2013. As per this promotion, if you […]

Posted by Ajay Awtaney | 2 Comments

« previous home top