My Account Menu

CAPA Login

Register to trial CAPA Membership!

Jet Airways slips to quarterly net loss. Expects ‘tough’ second quarter


Jet Airways swung to a quarterly net loss in the peak 1QFY2012 (three months to Jun-2011) as rising fuel costs and intense competition in the domestic market offset an increase in passenger demand. The nation’s other listed carriers, SpiceJet and Kingfisher, are also expected to post losses in the quarter. [2788 words]

Unlock the following content in this report:


  • Net loss of USD27 million despite 19% revenue, 14% passenger and 7% yield growth
  • International operations account for 57% of revenues
  • Fuel costs soar by 57%
  • Jet Group maintains leadership position in domestic market. International traffic also increasing
  • Debt levels of around USD3.0 billion
  • Jet Airways considers merging JetLite with JetKonnect. JetLite also swings to net loss.
  • Intense domestic competition hurting profitability; improved performance expected internationally

Graphs and data:

  • Jet Airways revenue: 1QFY2009 to 1QFY2012
  • Jet Airways passenger numbers and passenger number growth: 1QFY2009 to 1QFY2012
  • 1QFY2012 financial results summary: breakdown by domestic and international operations
  • Jet Airways revenue per RPKM growth & cost per ASKM growth: 1QFY2009 to 1QFY2012
  • Jet Airways break even seat factor & Passenger load factor: 1QFY2009 to 1QFY2012
  • Jet Airways operating parameters for 1QFY2012
  • India domestic market share for 1Q2011
  • India domestic aviation industry
  • Jet Airways domestic operating parameters for 1QFY2012
  • Jet Airways international operating parameters for 1QFY2012
  • JetLite operating parameters for 1QFY2012
  • Jetlite pax growth, ASK growth, break even load factor and passenger load factor: 1Q2009 to 1QFY2012
  • Jet Airways reported the following financial highlights for its JetLite subsidiary in 1QFY2012
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.