JetPrivilege Expands Its Partnership With IOCL To Hyderabad

Mumbai, January 15, 2019: JetPrivilege, the award-winning loyalty and rewards programme and the frequent flyer programme of Jet Airways, is delighted to expand its yearlong partnership with India’s largest commercial enterprise, IndianOil Corporation Limited (IOCL) to Hyderabad this month across 90+ outlets in the city.

Last year, JetPrivilege announced its alliance with IOCL for select outlets in Mumbai and Delhi and grew to 500+ outlets through their added presence in Chennai and Bangalore.

This has been driven by encouraging member behavior and demand as well. In the past few months, daily transactions have doubled and has crossed 1000+ transactions daily in the fuel category, with the number steadily rising. Internal analysis shows that JetPrivilege members who are fuel active continue taking two transactions every month. Average redemption of JPMiles per transaction at a member level is 10,000 JPMiles. The consumption pattern of this platform has resulted in JetPrivilege issuing nearly 12 MN JPMiles last year and growing.

The success story of this association across existing markets, has inspired and motivated JetPrivilege to further expand its footprint to newer regions. Through the IOCL partnership, JetPrivilege members are able to earn as well as redeem their JPMiles each time they purchase fuel at the select IOCL outlets. Members can earn 1 JPMile on every INR 150 spent on regular fuel and 3 JPMiles on every INR 150 spent on XtraPremium fuel. In case of redemption, for every 4 JPMiles, members will get INR 1 worth of fuel.

JPMiles can be earned simply by mentioning JetPrivilege membership number when paying for fuel at select IOCL outlets in Hyderabad. The accumulated JPMiles can then be redeemed for free flight tickets to over 1000 destinations worldwide, free hotels stays, 1000+ rewards on JetPrivilege Reward Store or simply when refueling at select outlets of IOCL in the city.

Hyderabad marks the beginning of JetPrivilege’s IOCL expansion plans for 2019, with the company already working towards venturing into newer markets. The list of the select IOCL outlets is available at www.jetprivilege.com. With the aim of expanding from a Frequent Flyer Program to a full-fledged everyday lifestyle loyalty & rewards programme, the extension of this unique association further reinstates JetPrivilege’s vision of fulfilling its members’ aspirations.

Commenting on this expansion, Manish Dureja, Managing Director, Jet Privilege Private Limited said, “The extension of our presence in Hyderabad, through our partnership with IndianOil, is reflective of our constant endeavor towards building relevance and value in the everyday lives of our members. With 150+ partners across industries, we aspire to elevate the experiences of our members by accelerating their ability to earn and redeem JPMiles.”

"We are appreciative of IndianOil’s support which is enabling us to elevate our partnership to offer greater accessibility to our customers.” he added.

How it Works?

To Earn JPMiles on your Fuel Spends

1. Fill fuel at select IOCL retail outlets
2. Mention your JetPrivilege Membership
3. Earn JPMiles on your transaction

To Redeem your JPMiles for Fuel

1. Fill fuel at select IOCL retail outlets
2. Mention your JetPrivilege Membership and provide the OTP received on your registered mobile number
3. Redeem your JPMiles

About Jet Privilege Private Ltd

Jet Privilege Private Limited is a specialized loyalty and rewards management company, a joint venture between Jet Airways and Etihad Airways, established to develop, manage, operate and market JetPrivilege – an internationally acclaimed, award winning loyalty and rewards programme.

JetPrivilege, the proud recipient of ‘Loyalty Program of The Year’ at the 10th Loyalty Summit Awards in 2017 and the prestigious ‘210 Award’ at Freddies in 2016, continues to be the Frequent Flyer programme of Jet Airways, offering exclusive privileges to members when they travel on Jet Airways and any of its partner airlines. The programme offers the unique benefit of accelerating JPMiles accumulation through use of co-branded credit and debit cards, book & stay across domestic and international hotel partners, and carry out transactions with any of the 150+ programme partners from different industries like retail, telecom, lifestyle, dining, entertainment to name a few. JPMiles can be redeemed for Award flights to over 1000 destinations across the world. For more information, please visit: www.jetprivilege.com

About IOCL

IndianOil Corporation Ltd is the India's largest commercial enterprise. The IndianOil Group of companies own and operate 11 out of the India's 23 refineries with combined refining capacity of 81 MMTPA. It has a 26000 plus strong Retail Outlet network to distribute POL products accounting for more than 45% market share. Besides, the Corporation supplies LPG to over 100 million households through a network of 9500 plus Indane distributors. It is also a major player in Petrochemicals, lubricants and other industrial fuels as also seriously pursuing the development of non-conventional and renewable energy sources. For more details, please visit https://www.iocl.com/