Jet Airways, India�s premier international airline, has entered into a codeshare arrangement with JetLite, its wholly-owned, all economy subsidiary as part of its ongoing efforts to offer passengers synergetic benefits when they choose to fly with the Jet group.

As part of the agreement, Jet Airways will place its marketing code (9W) on key domestic routes operated by JetLite, enabling both carriers to offer passengers better connections and a wider network.

The codeshare is open for sale and travel with immediate effect.

Jet Airways� JetPrivilege members travelling on these codeshare flights* can avail of a range of JP benefits, including the accrual of JPMiles based on class of travel. Moreover, the JPMiles thus earned will be Status JPMiles, and these JPMiles as well as each codeshare flight will also count toward JetPrivilege tier upgrade/retention. JPMembers will also earn Tier Bonus JPMiles and Online booking bonus for the codeshare flights booked on the Jet Airways website.

Jet Airways Citibank Co-brand Credit Cardholders can use their companion discount vouchers on codeshare routes on applicable booking classes.

Exclusively for Platinum members, there will be a waiver of cancellation charges on all these codeshare flights.*

Commenting on the codeshare, Mr. Wolfgang Prock-Schauer, Chief Executive Officer, Jet Airways said: �The codeshare agreement with JetLite will enable both carriers to optimally leverage their respective networks, offering passengers enhanced online connectivity across more than fifty domestic and international markets.�

Mr. Daniel Barranger, Vice President-Sales, JetLite added: �Besides offering passengers seamless connectivity and additional same-day return possibilities on several domestic sectors, this agreement is an important step forward in achieving further revenue synergies between the two carriers, both leaders in their respective market niches.�

Additional codeshare services between the two airlines will be implemented in phases.

The codeshare details are as follows: Sr. No Flight No Sector Jet Airways Marketing Flight Number Comments 1 S2-121 Delhi-Ahmedabad 9W 7001 2 S2-122 Ahmedabad-Delhi 9W 7002 3 S2-161 Delhi-Lucknow 9W 7003 4 S2-166 Srinagar-Delhi 9W 7005 5 S2-231 Bengaluru-Coimbatore 9W 7007 6 S2-234 Coimbatore- Bengaluru 9W 7008 7 S2-681 Hyderabad-Kochi 9W 7009 20-25 October, 2008 only S2-241 Hyderabad-Kochi 9W 7009 26 October, 2008 onwards 8 S2-682 Kochi-Hyderabad 9W 7010 20-25 October, 2008 only Kochi-Hyderabad 9W 7010 27 October, 2008 onwards 9 S2-255 Delhi-Kochi 9W 7011 10 S2-256 Kochi-Delhi 9W 7012 11 S2-363 Kolkata-Guwahati 9W 7013 S2-363 Guwahati-Imphal 9W 7013 12 S2-364 Imphal-Guwahati 9W 7014 S2-364 Guwahati-Kolkata 9W 7014 13 S2-365 Kolkata-Dibrugarh 9W 7015 14 S2-366 Dibrugarh-Kolkata 9W 7016 15 S2-611 Mumbai-Hyderabad 9W 7017 S2-611 Hyderabad-Visakhapatnam 9W 7017 S2-611 Visakhapatnam-Mumbai 9W 7017 Tuesdays only w.e.f 26 October 2008 16 S2-612 Visakhapatnam-Hyderabad 9W 7018 S2-612 Hyderabad-Mumbai 9W 7018 17 S2-6131 Delhi-Pune 9W 7019 18 S2-6137 Delhi-Lucknow 9W 7021 19 S2-6138 Lucknow-Delhi 9W 7022 20 S2-6143 Delhi-Bhubaneshwar 9W 7023 21 S2-6144 Bhubaneshwar-Delhi 9W 7024 22 S2-6171 Delhi-Aurangabad 9W 7025 23 S2-6172 Aurangabad-Delhi 9W 7026 24 S26211 Delhi-Visakhapatnam 9W 7027 25 S2-6212 Visakhapatnam-Delhi 9W 7028 26 S2-6251 Chennai-Visakhapatnam 9W 7029 27 S2-6252 Visakhapatnam-Chennai 9W 7030 28 S2-6367 Kolkata-Bhubaneshwar 9W 7031 29 S2-6368 Bhaubaneshwar-Kolkata 9W 7032 30 S2-646 Coimbatore-Mumbai 9W 7033 31 S2-658 Goa-Mumbai 9W 7035 32 S2-665 Mumbai-Lucknow 9W 7037 33 S2-666 Lucknow-Mumbai 9W 7038

*Conditions apply. Please refer to www.jetairways.com for more details.

About Jet Airways :

Jet Airways currently operates a fleet of 84 aircraft, which includes 10 Boeing 777-300 ER aircraft, 11 Airbus A330-200 aircraft, 52 classic and next generation Boeing 737-400/700/800/900 aircraft and 11 modern ATR 72-500 turboprop aircraft. With an average fleet age of 4.34 years, the airline has one of the youngest aircraft fleet in the world. Jet Airways operates over 395 flights daily.

Flights to 64 destinations span the length and breadth of India and beyond, including New York (both JFK and Newark), San Francisco, Toronto, Brussels, London (Heathrow), Hong Kong, Singapore, Shanghai, Kuala Lumpur, Colombo, Bangkok, Kathmandu, Dhaka, Kuwait, Bahrain, Muscat, Doha, Abu Dhabi and Dubai. The airline plans to extend its international operations to other cities in North America, Europe, Africa and Asia in phases with the introduction of additional wide-body aircraft into its fleet.

About JetLite :

JetLite is a wholly owned subsidiary of Jet Airways India Ltd. and was acquired by Jet Airways in April 2007. Positioned as a value based Airline, JetLite promises to offer value for money fares. JetLite currently operates a fleet of 24 aircraft, which includes 17 Boeing 737 series and 7 Canadian Regional Jets 200 Series. JetLite operates 141 flights every day to 30 domestic destinations and 2 international destinations (Kathmandu and Colombo).

Jet Airways, with the acquisition of JetLite, today has a combined fleet strength of 108 aircraft and offers customers a schedule of over 536 flights daily. Jet Airways currently flies from London Heathrow to India four times daily, with double daily flights to Mumbai and daily to Delhi and Amritsar. For information on destinations and fares visit www.jetairways.com

For further information or images, please contact Sarah-Louise Robinson or Katie Liddell on 020 7839 2140 or email sarah-louise@keenepa.co.uk

JET AIRWAYS PUBLIC RELATIONS NEW DELHI & MUMBAI, INDIA OCTOBER 2008

Jet Airways (I) Ltd

RAGINI CHOPRA VICE PRESIDENT � CORPORATE COMMUNICATIONS & PR NEW DELHI, INDIA TEL: +91-11-4164 5080 FAX: +91-11-4609 5084 raginic@jetairways.com