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.

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.

 

 

Paris Air Show 2025

Aviation Week's award-winning editorial team will deliver comprehensive coverage of the Paris Air Show 2025, including extensive news, insight, and analysis, continuing our tradition of authoritative aerospace journalism at the world's largest and most influential aerospace industry event.