Jet Airways (India) reports net loss of Rs 355.38 crore in Q1FY14

Jet Airways (India) has reported results for first quarter ended June 30, 2013.

The Company reported net loss of Rs 355.38 crore for the quarter against net profit of Rs 24.70 crore for the June quarter of the previous year.  The company’s total income decline by 13.74% at Rs 4064.35 crore for the quarter under review as against Rs 4711.63 crore for the corresponding quarter of the previous year.

Jet Airways currently operates a fleet of 111 aircraft, which include 10 Boeing 777-300 ER aircraft, 10 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 70 next generation Boeing 737-700/800/900 aircraft and 16 ATR 72-500 and 1 ATR72-600.