Bangalore Aviation News, Reviews, Analysis and opinions of Indian Aviation
Jet Airways reported a large net pre-tax loss (Jet Airways and JetLite combined) of Rs. 1,331 Crore for fiscal year 2012, a very disappointing result. Revenue and passenger growth were robust as usual at 14.8% and 16.3% respectively. But the carrier’s net margin of -8.5% is indicative of tangible flaws in the business, and goes beyond the explanations of higher …
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