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Jet flies back to profit in Q3; higher yields, lower costs help

Jet Airways Group Friday clocked a net profit Rs 85 crore for the third quarter ended December 2012 on the back of higher fares, better yields and cost cutting measures and said it hopes to maintain healthy bottomline in the short-to-medium-term.

Jet airways snaps 5 straight quarters loss, posts 36.4 crore profit

After being in red for five quarters in a row, Jet Airways Group flew back into the positive terrain with a net income of Rs 36.4 crore in the June quarter on the back of higher yields and cost management.