Jet Airways (India) Ltd, India’s largest airline by passengers carried, reported an 11.7% increase in net profit for Q3, traditionally a peak season for Indian domestic airlines. Jet Airways reported a net profit of Rs.118.23 crore on a 19.9% increase in sales to Rs.3,474.62 crore for the quarter, On the back of a 19% increase in traffic. Meanwhile Jet’s low-fare subsidiary JetLite (India) Ltd reported a net profit of Rs.25.6 crore for the fourth quarter, as sales increased 16.1% to Rs.483.3 crore. Jet required an average seat occupancy ratio of 74% during Q3 to break even. It achieved 79.3%. In

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