Jet Airways posts a Loss of INR 4,955 million; hit by high fuel prices, weak rupee against US dollar and other exceptional items
Mumbai, May 24, 2013
Editor’s Synopsis (Jet Airways and JetLite combined):
Q4 FY 2013
Jet Group Total Revenue (combined) of INR 44,840 million (US 826 million) in Q4 FY13 versus INR 46,343 million (US $ 911) in Q4 FY12
Passenger carried 5.21 million in Q4 FY13 versus 6.03 million for Q4 FY12.
EBITDAR of INR -2,415 million (US $ 44.5 million) for Q4 FY13
Jet Group FY13 Total Revenue (combined) of INR 190,800 million (US $ 3,515.8) million up by 12.9%
The total no of passengers carried 20.7 million in FY13 versus 22.1 million in FY12.
EBITDAR of INR 21,994 million (US $ 405.2 million) for FY13, EBITDAR margin 11.7%
Highlights for quarter ended March 31, 2013 vs. March 31, 2012 – JET AIRWAYS STANDALONE
About Jet Airways:Jet Airways currently operates a fleet of 115 aircraft, which include 10 Boeing 777-300 ER aircraft, 10 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 73 next generation Boeing 737-700/800/900 aircraft, 17 ATR 72-500 and 1 ATR 72-600 turboprop aircraft. With an average fleet age of 5.45 years, the airline has one of the youngest fleet of aircraft in the world. Flights to 72 destinations span the length and breadth of India and beyond, including Abu Dhabi, Bahrain, Bangkok, Brussels, Colombo, Dammam, Dhaka, Doha, Dubai, Hong Kong, Jeddah, Kathmandu, Kuwait, London (Heathrow), Muscat, New York (Newark), Riyadh, Sharjah, Singapore and Toronto.
:JetKonnect is a dedicated product designed to meet the needs of the low fare segment. JetKonnect will also offer guests a Premiere service on nearly all domestic routes. With its mixed fleet of Boeings and ATR aircraft with over 500 daily flights connecting 52 destinations across India, JetKonnect provides more flexibility and choice to its guests. JetKonnect’s convenient schedules, reliable service and low fares, promise to bring greater value and a seamless flying experience to our customers.
© Jet Airways (India) Ltd.