Jet Airways posts fourth straight qtrly loss
|
Last Updated: Fri, Jan 20, 2012 16:21 hrs
India's top airline Jet Airways posted a net loss of 1.01 billion rupees in October-December -- its fourth straight quarterly loss - as higher fuel costs and lower fares continued to hurt the company.
In Arab spring, economic gain may trump pain
In the year-ago quarter, Jet posted a net profit of 1.18 billion rupees.
An electric launch
Indian airline companies are struggling to battle a $20 billion debt pile and are looking forward to liberal regulatory norms to bring in funds.
most popular on facebook
talking point on sify finance
today's most read on sify finance
- Petrol carmakers announce up to Rs 50000 in discounts Read 358 Times
- A Chennai restaurant's unique Saturday night dinner Read 236 Times
- Nude maid service raising eyebrows in Texas city Read 189 Times
- Congress slams Trinamool over petrol price hike protest Read 104 Times
- Air India flies out stranded British Airways passengers Read 101 Times
