Jet Airways finished its fiscal year ended March 31 INR4.02 billion ($84.7 million) in the red compared to a INR2.53 million loss in 2007-08 and said a return to breakeven and profitability "requires exceptional efforts" considering the "sluggish demand" forecast for the coming year. The Indian carrier enjoyed a 23.4% increase in revenue to INR118 billion, but a year marked by plunging demand, overcapacity and the Mumbai terrorist attacks proved too great a burden on the bottom line ...

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