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JetLite reports fourth quarter net loss of USD25.9 million


JetLite generated a net loss of USD25.9 million in the fourth quarter to 31-Mar-09, compared to the net loss of USD40.7 million in the previous corresponding period. The improvement, largely attributed to a reduction in jet fuel prices, still shows signs of an unfavourable economic environment, which poses a major challenge in returning to profitability. [818 words]

Unlock the following content in this report:


  • Gap between load factor and breakeven load factor widens steeply
  • Full year losses amount to USD124.3 million
  • April traffic continues deteriorate
  • Outlook: Tough year ahead for JetLite and Jet Airways Group

Graphs and data:

  • JetLite financial highlights for three months ended 31-Mar-09
  • JetLite unit revenue/cost and passenger load factor: 1Q08 to 4Q09
  • JetLite financial highlights for 12 months ended 31-Mar-09
  • JetLite passenger numbers and passenger numbers growth (% change year-on-year): May-08 to Apr-09
  • Indian domestic passenger load factors: Apr-09
  • JetLite domestic market share: May-06 to Apr-09
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