Jet Airways profits climb
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Jet Airways has registered 31.4% year-on-year increase (INR52,748 million) in total revenues combined between Jet Airways and JetLite for the quarter ending June 2012. Jet Airways domestic yields climbed 8.9% while the group’s low-cost JetLite’s yield rose 43.2% year-on-year. The airline also registered 10% growth in domestic passenger market compared to the same period last year.
Jet Airways recorded profits after five consecutive quarters of losses. Domestic operations accounted 44% of the total revenues while 56% came from international operations.