Jet Airways reported a large net pre-tax loss (Jet Airways and JetLite combined) of Rs. 1,331 Crore for fiscal year 2012, a very disappointing result. Revenue and passenger growth were robust as usual at 14.8% and 16.3% respectively. But the carrier's net margin of -8.5% is indicative of tangible flaws in the business, and goes beyond the explanations of higher fuel prices and rupee depreciation given by Jet, though these factors did play a major role.
Click to read on
http://www.bangaloreaviation.com/2012/07/special-report-jet-airways-2012.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+BangaloreAviation+%28Bangalore+Aviation%29
Click to read on
http://www.bangaloreaviation.com/2012/07/special-report-jet-airways-2012.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+BangaloreAviation+%28Bangalore+Aviation%29
No comments:
Post a Comment