Tuesday, February 05, 2013

Jet Airways pulls out of loss-making routes


Mumbai:  Jet Airways, which posted a net profit of Rs 85 crore for the quarter ended December 31, 2012, has pulled out of loss-making routes to increase profitability, Sudheer Raghavan, Chief Commercial Officer, told analysts in a conference call on Monday.
The airline gets 56 per cent of its revenue from international operations and the rest from domestic operations, Raghavan said.
When asked about competition from other Indian carriers in the international route, he said that currently Indian carriers carry only about 35 per cent of travellers from abroad to India.
05/02/13 Business Line
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