Jet Airways Q1 Net Doubles To Rs 53 Cr


Jet Airways’ net profit more than doubled in the June quarter as healthy domestic growth offset muted earnings from its global operations. It was also bumped up by higher other income and gains on foreign exchange. Profit rose to Rs53.5 crore in the three months to June from Rs25.88 crore a year ago.

“Jet Airways took several focused measures to revitalize its business and realise greater efficiencies in spite of weakening international demand, especially from the Gulf. Low fares, together with addition of capacity in the domestic market, continues to put pressure on yields. We have taken definite steps to strengthen our key performance indicators, including increasing our domestic footprint by enhancing connectivity and choice for guests not just between our hubs and metros, but also between emerging cities. Read More…

You may also read!

IAF Chief Visits Australia

Air Chief Marshal Birender Singh Dhanoa, Chief of the Air Staff is on an official visit to Australia from

Read More...

Myanmar Navy Chief Visits India

As the Rohingya Muslim refugees crisis is on its peak, Admiral Tin Aung San, Commander-in-Chief, Myanmar Navy, is currently

Read More...

Coast Guard Rescues Fishing Boat With 14 Crew Members

Braving rough seas the Indian Coast Guards has rescued a fishing boat 137 miles off Mumbai coast that was

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu