Jet Airways (India) Ltd (JET.NS)
NEW DELHI - Jet Airways Ltd on Friday reported its first operating profit since the last three months of 2012, after benefiting from a drop in fuel costs and a rise in revenue.
* Shares up 66 pct since Jan 2014 (Adds company comment, details)
NEW DELHI, Feb 6 - India's Jet Airways Ltd on Friday reported an operating profit of 30 million rupees ($486,200) for the three months to Dec. 31, ending seven consecutive quarters of losses after it benefited from a drop in fuel costs and increased revenues.
** Jet Airways (India) gains 4.1 pct after Tuesday's 14.3 pct surge
- Note: Reuters has not verified this story and does not vouch for its accuracy
** Promoter Naresh Goyal enters into non-disposal undertaking for his entire 51 pct stake with Punjab National Bank - BSE disclosure filing
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Reuters Market Eye - Jet Airways gains 3.7 percent,
** Jet Airways gains 3.7 pct ** Shares up 64.8 pct since Nov. 25, as of Monday's close ** Oil dives 4 pct to five-year low on oversupply worries ** Every $1/bbl fall in crude can boost company's FY16 oper profit estimate by 4-5 pct - Analysts ** Weakness at rivals will also boost sales - Traders ** India's SpiceJet cuts fleet size to save costs (email@example.com / firstname.lastname@example.org)
Reuters Market Eye - Jet Airways Ltd is up 4.7 pct and SpiceJet Ltd gains 0.9 pct.