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Tag Archives: Annual

Analysis of Jet Airways’ fourth quarter and full year FY2017-18 results

Jet Airways Boeing 737 MAX 8.

Confirming the challenging nature of the market, Jet Airways posted a loss of ₹1,036 crores for the fourth quarter of the fiscal year ending March 31, 2018. This pulled the full year loss to ₹767 crores. This was their first loss after eleven consecutive profitable quarters and the first full year loss after 2 years of profit. The results reflect …

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Jet Airways Q4 and full year 2015-16 results and performance analysis

Jet Airways Boeing 737-700 VT-JNS at Bengaluru Kempegowda airport

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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SpiceJet’s record profits & turn-around. Fiscal 15-16 results analysis

Spicejet Boeing 737-800WL VT-SGK at New Delhi airport.

SpiceJet has reported its highest ever profit of Rs 407 crores for the financial year ending 31 March 2016. For the quarter ending 31 March 2016, the airline reported a net profit of Rs 73 crores. Strong performance indeed, considering that the airline had reported a loss of Rs 687 crores for the last financial year. Operational performance A look …

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IndiGo continues to impress with Q4 and full year FY2016 results

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

India’s largest domestic airline Indigo, continued to impress with its fourth quarter fiscal 2016 and full year fiscal 2016 earnings reported last Friday. For the full financial year ending March 2016, Indigo reported: Revenues of Rs 16,601 crore Net profit of Rs 1,990 crore for FY16 (53% increase YOY) Cash on hand: Rs 6,046 crores (Rs 2,262 free cash, balance restricted) …

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Analysis: Air India misses turnaround targets by 25%, posts Rs.5000 crore loss

As per a report in The Economic Times, national carrier Air India has missed its financial performance targets by a huge margin. The airline agreed to these targets with the government in order to receive a whopping Rs.30,000 crore ($6 billion at the time) tax-payer funded bailout. The national carrier already saddled with debts exceeding Rs.40,000 crore ($6.8 billion) has …

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Etihad Airways announces record profits for fiscal 2013

Etihad Airways Boeing 777-300ER A6-ETK London Heathrow

On Monday, Middle East Big 3 (MEB3) carrier Etihad Airways announced a record $62 million net profit for 2013, up 47.6% year-over-year (YOY) from $42 million in 2012. The carrier saw total revenue grow 27.1% YOY to $6.1 billion, while expenses rose 26.9% to $6.04 billion. Total capacity as measured in available seat kilometres (ASKs) grew 16.6% YOY while traffic …

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