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Tag Archives: Q2

Analysis: Indigo second quarter FY2018 results: soaring high

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

India’s largest domestic carrier, IndiGo, reported its second quarter results of the fiscal year 2017-2018 (Q2FY18) yesterday. It was a result that surpassed expectations. IndiGo Q2FY18 results snapshot (in ₹) comparisons to Q2FY17 Revenues ₹5,506 crores (up 13%) Costs ₹4,741 crores (up 14.2%) EBITDAR ₹1,581 crores (up 61.8%) Profit before tax (PBT) ₹7,645 (up 333%) Profit after tax (PAT) ₹551 crores …

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Indigo Q2 fiscal 2017 results analysis – Capacity affects yields and profits

IndiGo first A320neo VT-ITC touches down at New Delhi's IGI airport after a non-stop flight from Toulouse, France

IndiGo reported its second quarter (ending September 30) results for the fiscal year ending March 31 2017 (FY2017). With earnings of Rs 139.8 crores, the results yet again failed to meet analysts’ expectations. As reported earlier, intense competition in the market, consistent fare sales and aggressive capacity addition have added to the revenue pressures. Key numbers Passenger Revenue – Rs. …

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Jet Airways’ Q2 FY2016 profits still reflect some concerns

Jet Airways Airbus A330-300 VT-JWQ. Image copyright Vedant Agarwal.

Jet Airways recently reported results for the second quarter (July – Sept).  Profit for the quarter was at 87.5 crores however, that does not give the complete picture. Analysed further the numbers bring up several trends. Lower fuel prices have helped bring down costs significantly Jet Airways CASK (cost per available seat kilometre) is in the range of Rs 4.14 …

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Analysis: Operational profit eludes Jet Airways in Q2 FY2015, outlook positive

Jet Airways' Boeing 737-800 VT-JBD

Jet Airways, India’s largest private airline recently announced results for the second quarter (Q2) and the half-year (1H) for fiscal 2014~2015. The results were the first after a joint announcement with 24% stake holder Etihad Airways PJSC about the airline ceasing operations of its low cost JetKonnect brand exiting the segment. The Jet Group operates two airline operator licenses. 9W …

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Boeing deliveries for second quarter 2014

US airframer Boeing reported its deliveries for the second quarter (April to June) 2014. The manufacturer reported at 12.5% increase in its commercial aircraft deliveries driven by a 66% increase in deliveries of its newest aircraft, the 787 Dreamliner, compared to the first quarter of this year. The narrow-body 737NG family also yielded gains. Defence programs maintained a level keel. …

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US airfares down 3.6% in second quarter 2013

By BA Staff The average domestic air fare decreased to $378 in the second quarter of 2013, down 3.6 percent from the average fare of $392 in the second quarter of 2012, measured in constant 2013 dollars, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported. Huntsville, Ala., had the highest average fare, $547, while Atlantic City, N.J., …

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SpiceJet posts record Rs. 559 crore loss in Q2 FY2014. Needs urgent capital infusion.

by Devesh Agarwal Gurgaon based low fare carrier SpiceJet Ltd., continued the record of disastrous performance in the Indian airline industry when it announced a record Rs. 559 crore loss for the second quarter, ended September 30, of the fiscal year 2013~2014. This compared to the Rs. 163.5 crore loss from the same quarter last fiscal, and a Rs. 50.5 …

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Jet Airways Q2 FY 2012~2013 quarterly results financial analysis

Photo © Devesh Agarwal. Used with permission. India’s largest private carrier, Jet Airways, reported a net, post-tax loss of Rs. 99.7 Crore for the second quarter of fiscal year 2012-2013, representing a sharp improvement from the Rs. 713.6 Crore net loss recorded in the same period last year. This 84.8% improvement in results, pushed Jet Airways’ net margin up to …

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Kingfisher’s Q2 FY13 record loss of Rs. 1,115 crore is more than five times its revenue

One of the many Kingfisher aircraft stripped and left Financial beleaguered Kingfisher Airlines saw its second quarter revenue for fiscal year 2012~2013 plunge a massive 87% to just Rs. 200 crore (Rs. 2 billion) from almost Rs. 1,553 crore in the same quarter a year ago. The airline which has not operated a single flight since October 1, due to …

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Air traffic plunges 11.5%, as air fares rise. Jet Airways group crashes almost 21%, IndiGo down 11%.

Talk about irony. In March this year, Dr. Dinesh Keskar and Bangalore Aviation were discussing the double digit, yet profitless growth occurring in the Indian airline industry. Less than six months later, air traffic continues its fifth consecutive month of decline. Within, just the third calendar quarter, (second quarter of the fiscal year 2012~13), air traffic plunged over 11.5%, from …

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