Dramatic capacity increases and a "softening yield environment" resulted in another difficult quarter for India's Jet Airways, which reported a loss after tax of INR551 million ($12.1 million) in the second fiscal period ended Sept. 30 compared to a INR686 million profit in the year-ago quarter. Revenues rose 38% to INR18.2 billion, a figure boosted by the sale and leaseback of three 737s during the quarter that generated INR1.62 billion. EBITDAR plunged 90% to INR334 million. Jet flew 2.79 ...

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