Jet flies into Rs 426-cr Q4 profit on lower expenses

NEW DELHI: Jet Airways on Thursday reported a net profit of Rs 426 crore in the three months ended March 31, 2016, aided by lower fuel expenses and higher passenger

NEW DELHI: Jet Airways on Thursday reported a net profit of Rs 426 crore in the three months ended March 31, 2016, aided by lower fuel expenses and higher passenger numbers. The carrier, which has also boosted higher traffic from code share with other airlines, had a net loss of Rs 1,803 crore a year-ago.

HT Image