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Jet Airways (India) Limited - 16th Annual Report 2007-08<br />
7.3 Pricing policies followed by certain airlines due to the overcapacity in the<br />
domestic market may be reversed in fiscal 2010 with the slowdown of capacity<br />
growth<br />
7.4 The growth of air travel within, to and from India may be impacted by a possible<br />
slowdown in the Indian economy, and the slowdown in certain global economies.<br />
Factors such as political instability, internal violence or any external threat could<br />
also adversely impact the aviation industry.<br />
7.5 The air traffic congestion at Bangalore and Hyderabad experienced in fiscal 2008<br />
will ease with the commissioning of the new airports at these cities. The Director<br />
General of Civil Aviation continues its initiatives to modernize Air Traffic Control<br />
(ATC) systems in order to ameliorate the congestion.<br />
Certain statements in this Management Discussion and Analysis describing the Company may be<br />
‘forward-looking statements’ within the meaning of applicable securities laws and regulations.<br />
Actual results could differ materially from those expressed or implied. Important factors that could<br />
make a difference to the Company’s future operations include economic conditions affecting air<br />
travel in India and overseas, change in Government Regulations, changes in Central and State<br />
taxation, fuel prices and other factors.<br />
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