Heavy losses on its startup international operations dragged Jet Airways to a INR450 million ($9.7 million) loss in the first fiscal quarter ended June 30 from a INR953 million profit in the year-ago period. And the carrier issued a warning on the domestic front as well, saying that it has concern for the industry "in view of irrational pricing by airlines simply seeking to gain market share." Jet earned INR118 million on its domestic services and lost INR713 million on flights to London ...

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