India’s Jet Airways swings to profit in FY 2016 1Q

Credit: Kurt Hofmann
Jet Airways posted net profit of $34.7 million in the first quarter of its 2016 financial year, reversed from net loss of $39.5 million in the year-ago period. The Mumbai-based carrier said the continued improvement showed its three-year turnaround program with equity partner Etihad Airways was...

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