India’s Jet Airways Group recorded a net profit of $18.6 million for the first quarter of the airline’s 2017 financial year. This was almost half the $35.5 million made a year ago, although the latter figure benefited from an exceptional item, a contribution received from lessors. Jet achieved its latest figure on revenue of $797.5 million, down from $847.3 million a year ago. Passenger numbers rose 4.4% to 6.6 million year-on-year (YOY) and Jet Airways’ chairman Naresh ...

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