Jet Airways profits soar high on lower expenses

itln | May 27, 2016

Jet Airways profits soar high on lower expenses
Jet Airways reported a net profit of Rs 397.16 during the January-March quarter on the back of low fuel cost, almost flat aircraft rentals, substantial decrease in aircraft maintenance charges and higher passengers carried. The airline had reported a net loss of Rs 1,728.99 crore during the same period last year.During the period, fuel expenses fell 25% at Rs 999 crore against Rs 1,334 crore in the year-ago period. Total income rose 3.6% at Rs 5245.3 crore compared to Rs 5,064 crore year-on-year. Other income in the period was at Rs 206 crore versus Rs 225 crore (y-o-y). The company’s Ebitda stood at Rs 815.9 crore from an Ebitda loss of Rs 340 crore (y-o-y). Aircraft and engine rentals grew by a meagre 1.46% y-o-y to Rs 544.72 crore during the quarter. Aircraft maintenance charges halved to Rs 345.7 crore.

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Supply chains in all industries are often impacted by seasonal demand shifts, whiplash effects from capacity constraints, and the ever rising demands of their customers. At the same time, many sectors have an active M&A landscape going through growth phases that require a flexible supply chain. Thes


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Supply chains in all industries are often impacted by seasonal demand shifts, whiplash effects from capacity constraints, and the ever rising demands of their customers. At the same time, many sectors have an active M&A landscape going through growth phases that require a flexible supply chain. Thes

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