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Jet Airways reports Q1 loss
26 July 2011
The Indian carrier faces fierce competition and high fuel costs in the quarter ending June 30.
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Jet Airways
Financial Results
India
Indian Airlines
Jet Airways posted a post-tax loss of $27.6 million for the first quarter of FY2012 compared with an $800,000 profit during the same period last year. Despite an 18.5% growth in revenue to $801 million, the airline had to contend with higher operating costs and...
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