Jet Airways reported a INR2.14 billion ($42.8 million) loss in its third fiscal quarter ended Dec. 31, widened from a INR911.2 million deficit in the year-ago period, and said that it will maintain focus on "domestic market consolidation" and "cost reduction initiatives," including plans to "rationalize our workforce." The Indian carrier said falling fuel prices and rising yields helped it improve from a brutal fiscal second quarter in which it lost INR3.85 billion (ATWOnline, Oct. 28, ...

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