CAPA Membership Login

Remember me?

Is the worst behind Jet Airways? Does it need Kingfisher?

Jet Airways appeared to be turning the corner in the third quarter, declaring in mid-Jan-09 that it was on course for a return to break even – or even a small profit – next financial year. The falling price of fuel is the main reason for the improvement in fortunes for the Mumbai-based carrier in the Oct-Dec-08 period, while capacity cuts also helped to stabilise load factors and yields. [1540 words]

This report contains the following subheadings:

• Operating margins hold up in third quarter
• Seeks codeshare to maintain US West Coast presence
• Leasing out excess aircraft
• Passenger numbers ease
• JetLite trims losses
• Outlook hazy

This report contains the following charts and tables:

• Jet Airways financial highlights: Three months ended 31-Dec-08
• Jet Airways domestic revenue and international revenue (mill): 1QFY08 to 3QFY09 (financial year ended 31-Mar)
• Indian domestic fuel rates (INR per litre): Apr-08 to Dec-08
• Jet Airways passenger load factor and break even load factor (%): 2QFY07 to 3QFY09 (financial year ended 31-Mar)
• Jet Airways EBITDAR margin (%): 1QFY08 to 3QFY09 (financial year ended 31-Mar)
• Jet Airways passenger numbers (mill) and passenger number growth (% change year-on-year): 1QFY08 to 3QFY09 (financial year ended 31-Mar)
• Jet Airways passenger yield growth and unit cost growth (% change year-on-year): 1QFY08 to 3QFY09 (financial year ended 31-Mar)
• Indian domestic passenger market share (%): 3Q FY09
• JetLite financial highlights: Three months ended 31-Dec-08
• JetLite financial performance: 1QFY08 to 3QFY09 (financial year ended 31-Mar)

This is a premium report featured in the following publication:

This publication is included in the CAPA Membership service.

CAPA Help Centre

• Forgotten your password?
• Forgotten your CAPA Membership level?
• Contact us today about a CAPA Membership quote!

Telephone: +61 2 9241 3200