Jet Airways has confirmed that it has posted a net profit for the third quarter, which rose to 875.9 million rupees ($13.50 million) from 698.2 million rupees in the year-ago period. Due to the fall in fuel prices, expenses fell by almost a third during the quarter, while a surge in passenger traffic bolstered total income from operations by 10% to 52.6 billion rupees. Jet Airways expects to make a profit for the full year, the first time since 2007.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register