10-Dec-2010 10:58 AM
Jet Airways most profitable Indian airline in FY2009
India's Ministry of Civil Aviation reported (09-Dec-2010) the following financial highlights for the nation's airlines for the year ended 31-Mar-2009:
- Operating revenue*:
- National carriers: USD3358 million;
- National Aviation Company of India Ltd: USD2981 million;
- Air India Express: USD313.3 million;
- Alliance Air: USD63.8 million;
- Private scheduled carriers:
- Jet Airways: USD2807 million;
- JetLite: USD354.1 million;
- Kingfisher: USD1165 million;
- SpiceJet: USD373.6 million;
- GoAir: USD80.2 million;
- Paramount Airways: USD82.6 million;
- IndiGo: USD415.0 million;
- National carriers: USD3358 million;
- Operating costs:
- National carriers: USD4610 million;
- National Aviation Company of India Ltd: USD4179 million;
- Air India Express: USD349.2 million;
- Alliance Air: USD81.8 million;
- Private scheduled carrier:
- Jet Airways: USD2783 million;
- JetLite: USD453.7 million;
- Kingfisher: USD1621 million;
- SpiceJet: USD468.9 million;
- GoAir: USD128.7 million;
- Paramount Airways: USD76.4 million;
- IndiGo: USD411.0 million;
- National carriers: USD4610 million;
- Operating profit (loss):
- National carriers: (USD1252 million);
- National Aviation Company of India Ltd: (USD1198 million);
- Air India Express: (USD35.9 million);
- Alliance Air: (USD18.0 million);
- Private scheduled carriers:
- Jet Airways: USD24.2 million;
- JetLite: (USD99.6 million);
- Kingfisher: (USD455.7 million);
- SpiceJet: (USD95.2 million);
- GoAir: (USD48.5 million);
- Paramount Airways: USD6.3 million;
- IndiGo: USD4.0 million;
- National carriers: (USD1252 million);
- Long-term debts:
- National Aviation Company of India Ltd: USD7678 million;
- Jet Airways: USD3513 million;
- JetLite: USD267.3 million;
- Kingfisher: USD1045 million;
- SpiceJet: USD7.3 million;
- Paramount Airways: USD72.2 million*;
- IndiGo: USD84.2 million. [more]
*Based on the conversion rate at USD1 = INR45.215
**Amount reported against long-term obligations under capital leases