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Lower costs, higher aircraft utilisation lift Jet Airways' profit

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INDIA'S Jet Airways reported profits of US$71 million for the third quarter ended Dec 31, 2015 - its third consecutive profitable quarter - up from US$0.5 million a year ago, as it continues on its turnaround efforts.

Singapore

INDIA'S Jet Airways reported profits of US$71 million for the third quarter ended Dec 31, 2015 - its third consecutive profitable quarter - up from US$0.5 million a year ago, as it continues on its turnaround efforts.

A reduction in costs and higher aircraft utilisation...

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