Wednesday, May 28, 2014

Air India's 4th quarter revenues higher than Jet Airways, losses lower

New Delhi: With Jet Airways reporting its highest-ever annual loss of Rs 4,129 crore in 2013-14, Air India today said its financial parameters had improved significantly in comparison to its major private competitor, with its fourth quarter revenues higher and losses much lower.
While Jet had yesterday reported a Q4 revenue of Rs 4,566 crore, the national carrier's unaudited estimation of earnings stood at Rs 5,842 crore.
28/05/14 Economic Times
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