Jet Airways (India) Ltd.

NSE: JETAIRWAYS | BSE: 532617 | ISIN: INE802G01018 | Industry: Airlines
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ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Jet Airways reported weak operating numbers for Q2FY18. The key was that cost pressure continued amid rising competition from other carriers that led to a fall in margins and market share Total revenues were up marginally by 0.4% YoY to | 6128 crore (vs. I-direct estimate: | 6,233crore) led by lower yields that were down 3.3% YoY. Domestic passenger traffic growth (up 8.3% YoY) stayed...
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