Jet Airways reports major profit turnaround in FY2015-16

Credit: Jet Airways/Facebook
India’s Jet Airways Group posted a net profit of $185 million for the 2015-16 financial year, reversed from a net loss of $342 million for the year-ago period. The Mumbai-based carrier said it had achieved the return to profitability a year earlier than scheduled in a turnaround plan that began two...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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