November 12, 2018 / 11:18 AM / 4 months ago

India's Jet Airways posts third quarterly loss

Nov 12 (Reuters) - Jet Airways (India) Ltd, the country’s biggest full-service carrier, posted its third straight quarterly loss on Monday, hurt by higher fuel expenses.

Losses came in at 12.97 billion rupees ($178.01 million) for the quarter ended Sept. 30, compared with a profit of 496.3 million rupees a year earlier, the airline said here

Fuel expenses jumped 58.6 percent to 24.20 billion rupees, while revenue from operations climbed 9.5 percent. ($1 = 72.8600 Indian rupees) (Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below