Mumbai: Jet Airways, which returned to profit in the December quarter, said the outlook for the current quarter is also positive and would continue with cost-cutting measures to maintain profitability.
The country’s second-largest airline said reduction in employee cost, rationalisation of routes and decrease in fuel costs have helped it return to black in Q4.
In Q3, the number of employees reduced 9% year on year. Officials, on a conference call, said the airline has been reducing the number of expat pilots, which has now come down to 100 from 210 earlier.
05/02/13 Yuga Chaudhari/Daily News & Analysis
