An impressive fourth fiscal quarter ended March 31 allowed Jet Airways to recover from a slower first nine months and report a 15% increase in its full-year profit to INR4.5 billion ($100.1 million). After three quarters, Jet's net earnings lagged 13.2% behind the same nine months in 2004, but a 71% surge in fourth-quarter profit to INR2.3 billion accounted for "strong" full-year results. "We remain the market leader and the most profitable airline in India but we operate in a challenging ...

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