Jet Airways plans to increase capacity by 10-12% by next year

05 Feb 2013

Jet Airways, India’s premier international airline is planning to increase capacity by 10-12% by next year. It has decided to add around six narrow-bodied aircraft in addition to 12 B-777 planes by the end of next third or fourth quarter, which it will either deploy on its network or lease them out.

The company has reported a net profit of Rs 85 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 101.22 crore for the same quarter in the previous year. Total income operation of the company has increased by 2.04% at Rs 4251.22 crore for quarter under review as compared to Rs 4165.88 crore for the quarter ended December 31, 2011.

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