Jet Airways yesterday reported its fourth consecutive full-year profit, although net earnings of INR280 million ($6.8 million) for the fiscal year ended March 31 represented a 94% plunge from the INR4.5 billion earned in the prior year. Still, CEO Wolfgang Prock-Schauer told ATWOnline that the result was a "remarkable achievement," saying the "whole industry in India is estimated to lose $400-$500 million, whereas we could stay as the only profitable carrier. It's also good to note that we ...

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