Loading
9-Aug-2013 11:05 AM

Jet Airways reports losses in 1QYF2014

Jet Airways revenue down 12% – financial highlights for three months ended 30-Jun-2013:

  • Total revenue: INR40,644 million (USD729.3 million), -12.3% year-on-year;
  • Total cost: INR43,517 million (USD780.8 million), -5.7%;
    • Fuel: INR15,434 million, -21.6%;
    • Labour: INR4488 million (USD80.5 million), +11.7%;
  • Profit (loss) before tax: (INR3554 million) (USD63.8 million), compared to a profit of INR333 million (USD6.0 million) in p-c-p;
  • Profit after tax: INR3554 million (USD63.8 million), compared to a profit of INR247 million (USD4.4 million) in p-c-p;
  • Passenger numbers: 4.1 million, -15.1%;
  • Passenger load factor: 78.4%, -4.3 ppts;
  • Breakeven seat factor: 85.2%, +3.0 ppts;
  • Breakeven seat factor excl fuel: 48.5%, +9.9 ppts;
  • Fleet: 97 aircraft, -5.8%;
  • Average head count: 12,013, -5.6%;
  • Yield: INR4.60 (USD 8.3 cents) , +4.8%;
  • Cost per ASK: INR3.92 (USD 7.0 cents), +8.6%;
  • Cost per ASK excl fuel: INR2.23 (USD4.0 cents), +31.2%;
  • Total assets: INR197,431 million (USD3542 million);
  • Total liabilities: INR205,672 million (USD3690 million). [more - original PR]

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