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Airplanes and airlines. Jet Airways declared positive annual profit in 2016

Milan, Italy - And it reduces debt by USD 256 mn

Jet Airways Group declared record annual profit of USD 185 mn for FY16 and it reduced debt by USD 256 mn - Net profit of USD 185 million in FY16 compared to loss of USD 342 million in FY15 - EBITDAR of USD 818 million in FY16 as against USD 482 million in FY15 - Registers growth in capacity, aircraft utilisation and passengers carried - Cash generated from operations (after financing expenses)...

fra/pec - 1175501
Rome, Italy, 05/27/2016 11:13
AVIONEWS - World Aeronautical Press Agency

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