Daily Archives: November 11, 2011

BREAKING: Jet Airways posts 713.6 crore loss in Q2 of FY 11-12

Mumbai based full service carrier Jet Airways has posted a Rs. 713.6 crore loss in the second quarter of FY 2011-2012, up from a loss of Rs. 156.8 crore in the first quarter. The carrier made a profit of 12.43 crores in the same period last year. Here are some of the key metrics for Jet Airways’ second quarter Revenue …

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UPDATE: SpiceJet posts Rs. 240 Cr. loss in Q2 FY 2012 on rising fuel costs

Gurgaon based low fare carrier SpiceJet has posted a loss of Rs. 240 Crore for the second quarter of fiscal 2011~2012, a sharp increase from the Rs. 72 Cr it had posted in the first quarter. The airline had posted a profit for the same quarter last year. More details shortly UPDATE: Partial financial results below We will be doing …

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