Jet Airways (India) Ltd.

NSE: JETAIRWAYS | BSE: 532617 | ISIN: INE802G01018 | Industry: Airlines
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Jet Airways (India) Ltd.
18 Nov 2016, 12:00AM
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Jet Airways reported a mixed set of Q2FY17 numbers. While consolidated revenues of | 5864.5 crore remained above estimates led by healthy fleet utilisation, EBITDA margins of 8.7% were lower than our estimates on account of higher employee costs Total revenues were up 3.2% YoY to | 5864.5 crore (vs. I-direct estimate: | 5,723) led by 6.3% YoY growth in passenger traffic. Passenger traffic growth remained below industry growth mainly due...
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