Jet Lite News
Hit by high fuel cost, Jet Airways posts 5th straight quarterly loss
Hit by high fuel cost and a weakened rupee, private carrier Jet Airways (India) Ltd posted a consolidated net loss of Rs 354 crore in the March quarter, compared with a loss of Rs 200 crore in the year-ago period. For 2011-12, Jet Airways' consolidated loss stood at Rs 1,420 crore, against a Rs 85-crore loss in the year before, the company said in a statement on Thursday. The company said fuel costs
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