11-Aug-2014 11:56 PM
JetLite loss widens in 1QFY2015
JetLite revenue down 23% - financial highlights for three months ended 30-Jun-2014:
- Total revenue: INR3574 million, -23.3% year-on-year;
- Total costs: INR3874 million, -19.2%;
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- Fuel: INR1921 million, -13.5%;
- Aircraft lease rentals: INR548 million, -20.1%;
- Profit (loss) before tax: (INR404 million) (USD6.8 million), compared to a profit of INR69 million in p-c-p;
- Passenger numbers: 710,000, -16.8%;
- Passenger load factor: 77.2%, +3.7 ppts;
- Breakeven seat factor: 84.4%, +8.5 ppts;
- Passenger yield: INR5.43, -0.9%;
- Revenue per ASK: INR4.20, +4.2%;
- Cost per ASK: INR4.59, +10.3%;
- Cost per ASK excl fuel: INR2.08, +2.8%. [more - original PR]
*Based on the average conversion rate at USD1 = INR59.7388