India’s Jet Airways Group posted a net profit of $185 million for the 2015-16 financial year, reversed from a net loss of $342 million for the year-ago period. The Mumbai-based carrier said it had achieved the return to profitability a year earlier than scheduled in a turnaround plan that began two years ago. It cited a combination of factors, including enhanced fleet utilization and optimization of its network—which enabled better integration between domestic and international ...

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