Jet Airways Group PBT more than doubles in 1QFY2017

Jet Airways Group revenue down 1% - financial highlights for three months ended 30-Jun-2016:

• Total revenue: INR55,834 million (USD834.4 million), -1.3% year-on-year;
• • Operating: INR54,055 million (USD807.9 million), -1.9%;
• Total costs: INR53,647 million (USD801.8 million), -3.5%;
• • Fuel: INR12,668 million (USD189.3 million), -19.2%;
  • Labour: INR6884 million (USD102.9 million), +16.4%;
• Profit before tax: INR2187 million (USD32.7 million), +124%;
• Passenger numbers: 6.6 million, +4.5%;
• Passenger load factor: 81.0%, -1.4 ppt;
• Average fare: INR6996 (USD104.6), -6.5%;
• Operating revenue per ASK: INR4.22 (USD 6.31 cents), -5.6%;
• Cost per ASK: INR4.19 (USD 6.26 cents), -7.1%;
• Cost per ASK excl fuel: INR3.20 (USD 4.78 cents), -1.2%. [more - original PR]