Jet Airways gets $35 mn funding from Jet Privilege

Mumbai | Updated on October 05, 2018 Published on October 04, 2018

Jet Airways has received $35 million from Jet Privilege (JPPL), its customer loyalty programme, for advance ticket sale. 

"JPPL concluded a Prepaid ticket Purchase agreement for  $35 million with Jet Airways, under normal course of Business. JPPL regularly purchases these tickets to offer its members against redemption of Miles hence the said transaction is no different and is done under normal course of Business between Jet Airways and JPPL," the airline said in a statement.

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Published on October 04, 2018
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