Jet Airways narrows losses in FY13

Credit: By Kurt Hofmann
Jet Airways reported a net loss of INR4.8 billion ($89 million) for the 2012-13 fiscal year ended March 31, narrowed from a loss of INR12.3 billion in the year-ago period. Jet’s acting CEO Hameed Ali said the “sluggish economic scenario and high yields have resulted in decrease in market demand and...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.