ADVERTISEMENT
Oil Price Slump Hits Demand In Gulf Sector: Jet Airways
06 Feb 2017, 11:07 PM IST i

Save

Jet Airways' total income from operations stood at Rs 5,478.07 crore in the December quarter.
New Delhi: Jet Airways, which saw a steep fall in its third quarter net profit, on Monday said demand has been slowing in the Gulf sector amid a fall in oil prices.
In the three months ended December 2016, the full-service carrier recorded a nearly 70 per cent plunge in net profit at Rs 142.38 crore as higher fuel expenses and other costs took a toll on its bottom line.
The airline logged a net profit of Rs 467.11 crore in the year...
ADVERTISEMENT