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Private airline Jet widens Q4 loss by 66% to Rs496 cr

Private airline Jet widens Q4 loss by 66% to Rs496 cr
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Mumbai: Jet Airways on Friday reported a net loss of Rs 495.53 crore for the fourth quarter ended 31 March, 2013 compared to loss of Rs 298.12 crore in the same period year-ago.
Total income from operations declined to Rs 3,921.92 crore in the March quarter from Rs 4,041.61 crore in the year ago period, Jet Airways said in a filing to the Bombay Stock Exchange (BSE).
For the full year ended 31 March, 2013, the airline reported a net loss of Rs 485.50 crore against Rs 1,236.1 crore in the same period last year. PTI

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