Jet Airways returned to profit after two consecutive quarters in the red, posting a INR1.06 billion ($22.9 million) net profit in the fiscal third quarter ended Dec. 31 that compared to a INR2.14 billion loss in the year-ago period. The company said that "a series of strategic marketing initiatives implemented during the fiscal [quarter] and improved traffic loads start[ed] paying off," and that yield, traffic and cost efficiencies all increased. CEO Nikos Kardassis cited "the onset of a ...

Subscribe to Access this Entire Article

"Revitalized Jet Airways soars into black" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.