Jet Airways losses mount in FY14, appoints new CEO

Credit: Kurt Hofmann
India’s Jet Airways group has reported a consolidated loss of Rs 42 billion ($689 million) for the financial year April 2013 to March 2014, widened from Rs 7.7 billion in the prior-year period. The highest-ever loss for India’s second-largest airline was on a total income of Rs 194.4 billion ($3.2...

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