Jet Airways recently reported numbers for the quarter and the year. For the fourth quarter ending 31 March 2016, the airline reported an impressive net profit of Rs 3,972 million and for the year a net profit of INR 11,733 million. After extensive research into qualitative and quantitative details an analysis is presented below: Strategic shift Jet has moved away …
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Cathay Pacific takes delivery of its first Airbus A350-900
Hong Kong based Cathay Pacific that operates an all wide-body fleet has unveiled its first Airbus A350 XWB, thus becoming the sixth operator in the world and the third in Asia, after Vietnam Airlines and Singapore Airlines. The airline has a total of 21 A350-900s on order, 12 of which are expected to be delivered this year. The A350-900 has …
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