Jet Airways narrows Q1 net loss to Rs 217.65 crore

Jet Airways (India) has reported results for first quarter ended June 30, 2014.

The company has reported a net loss of Rs 217.65 crore as compared to a net loss of Rs 355.38 crore for the quarter ended June 30, 2013. The company’s total income has increased by 16.64% to Rs 4740.66 crore for the quarter under review from Rs 4064.35 crore for the corresponding quarter of the previous year.

Jet Airways currently operates a fleet of 113 aircraft, which include 10 Boeing 777-300 ER aircraft, 8 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 72 next generations Boeing 737-700/800/900/900 ER aircraft and 15 ATR 72-500 and 3 ATR72-600.