India’s Jet Airways shows $58m quarterly loss | GulfNews.com:
"Indian carrier Jet Airways, which is set to sell a minority stake to Abu Dhabi-based Etihad, on Thursday posted its second straight quarterly loss, hit by lower income and high fuel prices.
The carrier reported a consolidated net loss of 3.55 billion rupees ($58 million) in the three months to June, against a profit of 247 million rupees in the same period last year.
Revenues fell 12.3 per cent to 40.64 billion rupees, from a year earlier, the airline said in a statement."
'via Blog this'
No comments:
Post a Comment