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Jet Airways reports net loss of Rs 1,323.00 crore in Q1FY19

28 Aug 2018 Evaluate

Jet Airways has reported results for first quarter ended June 30, 2018.

The company has a net loss of Rs 1,323.00 crore for the quarter under review as against net profit of Rs 53.50 crore for the same quarter in the previous year. However, total income of the company increased marginally by 1.90% at Rs 6,066.91 crore for Q1FY19 as compared Rs 5,953.92 crore for the corresponding quarter previous year.

Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

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