Reliability & Credibility. In business since 1994

Customer Care 7 Days A Week

Jet Airways announces Q3 FY12 results, reports operating profit of $40 million

Jet Airways recently announced its Q3 FY12 operational results and sounded rather upbeat. The airline reported operating profit of $40 million for the period.

However, Jet Airways at the same time also said that despite Q3 being traditionally the strongest quarter, the airline has been impacted by Indian rupee depreciation and high fuel costs.

The airline said that despite these adverse factors it has succeeded in posting an operating profit due to yield improvement and other cost reduction initiatives taken during the quarter.

Jet Airways also said that it continues to maintain an unassailable lead and holding on to its leadership position in the Indian aviation industry with the highest market share of 26.5 percent for Q3 FY12.

The airline reported Q3 FY12 passenger traffic growth of 13.4 percent as compared to the same period last year.

The airline said that there has been a steady increase in its business class bookings over the last few weeks. There has been no major slowdown in its international bookings into and out of Europe and North America.

Jet Airways currently operates flights to 76 destinations in India and beyond, including New York (both JFK and Newark), London (Heathrow), Milan, Abu Dhabi, Bahrain, Johannesburg, Kathmandu, Kuala Lumpur, Bangkok, Brussels, Colombo, Dammam, Dhaka, Doha, Dubai, Hong Kong, Jeddah, Kuwait, Muscat, Riyadh, Sharjah, Singapore and Toronto.

Buzz Rewards
Free, Simple and Rewarding!
  • Earn Buzz Rewards points on select Bookings. It's FREE.
  • On accruing 5 points or more, you will receive a Fare Buzz Visa® Prepaid Card.
  • Turn your reward points into Shopping, Travel, Entertainment, Dining & much more.
*Fares are round trip, Fares include all fuel surcharges, our service fees and taxes. Tickets are non refundable, non transferable, non-assignable. Name changes are not permitted. Fares are subject to change without notice. Fares subject to availability. There is a higher probability of seats being available at this fare on Tuesday, Wednesday & Thursday. Certain Blackout dates may apply. Holidays & Weekend travel may have a surcharge.Other restrictions may apply. .

© 1994 - 2021 Fare Buzz, Inc. All rights reserved. California: SOT #2073463, Washington: SOT #602755835, Nevada: SOT #20070138, Iowa: SOT #1223, JEN NY, INC. DBA FAREBUZZ Florida: SOT #ST40074