Loading
5-Nov-2012 11:03 AM

Jet Airways losses narrows in 2QFY2013

Jet Airways revenue up 26% - financial highlights for three months ended 30-Sep-2012:

  • Total revenue: INR41,905 million (USD761.5 million), +25.8% year-on-year;
  • Total costs: INR42,888 million (USD779.3 million), +13.7%;
    • Fuel: INR16,814 million (USD305.5 million), +12.8%;
    • Labour: INR3884 million (USD70.6 million), -4.5%;
  • Profit (loss) before tax: (INR1083 million) (USD19.7 million), compared to a loss of INR7136 million (USD129.7 million) in p-c-p;
  • Profit (loss) after tax: (INR997 million) (USD18.1 million), compared to a loss of INR7136 million (USD129.7 million) in p-c-p;
  • Passenger numbers: 3.7 million, -5.1%;
  • Passenger load factor: 75.0%, -2.8 ppts;
  • Breakeven load factor: 77.3%, -13.6 ppts;
  • Yield: INR 4.72 (USD 8.58 cents), +29.9%;
  • Revenue per ASK: INR3.54 (USD 6.43 cents), +25.3%;
  • Cost per ASK: INR3.64 (USD6.61 cents), +10.5%;
  • Cost per ASK excl fuel: INR1.79 (USD3.25 cents), +6.6%;
  • Market share:
  • Domestic: 18.8%, +0.8 ppt;
  • Total assets: INR203,571 million (USD3699 million), -3.2% when compared to period ended 31-Mar-2012;
  • Total liabilities: INR193,169 million (USD3510 million), -1.9% when compared to period ended 31-Mar-2012. [more - original PR]

*Based on the average conversion rate at USD1 = INR55.0307 for the period

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More