Jet Airways, on Thursday, reported a consolidated net loss after tax at Rs 54.94 crore for the March quarter. The company reported a net loss of Rs 234 crore a year ago.
The company’s consolidated net revenue from operation rose by 12.45 per cent to Rs 12.37 crore for the March quarter as compared to Rs 11 crore in the year-ago period.
On 17 May, Aviation industry veteran Sanjiv Kapoor, who stepped down as the CEO-Designate of Jet Airways last month, has joined Saudia Group.
Formerly known as Saudi Arabian Airlines, Saudia is the national carrier of Saudi Arabia.
