Jet Airways incurs a net loss of Rs 91.1 cr

Written by:
Subscribe to Oneindia News

New Delhi, Jan 28 (UNI) Jet Airways today said it has registered Airways a net loss of Rs 91.1 crore in Q3 this fiscal as against a profit of Rs 40 crore in the same period previous year.

During the same period, its net revenue stood at Rs 2,520 crore as against Rs 1,935.7 crore, year-on-year.

''The 13 per cent rise in fuel prices affected the company's domestic and international operations. The company has suffered 22 million dollar in losses in the JetLite venture in Q3 FY08.

JetLite would break even in next fiscal,'' CEO, Jet Airways, Wolfgang Prock-Schauer, said.


Please Wait while comments are loading...