Jet Airways reported an operating loss of | 638 crore for the quarter, which remained way below our estimated EBITDA of | 428 crore. The rise in fuel costs (net impact | 366 crore), rupee depreciation (net impact | 156 crore) and one-time maintenance charge of | 253 crore led to total negative impact of | 775 crore on the operating profit Operating revenues increased 8.2% YoY mainly backed by 11.8% YoY increase in passenger traffic (7.9 million) whereas, yield per passenger declined 1.1% YoY to | 6850. Other non-operating income...