Jet Airways reported a large net pre-tax loss (Jet Airways and JetLite combined) of Rs. 1,331 Crore for fiscal year 2012, a very disappointing result. Revenue and passenger growth were robust as usual at 14.8% and 16.3% respectively. But the carrier’s net margin of -8.5% is indicative of tangible flaws in the business, and goes beyond the explanations of higher …
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Farnborough Orders on Day 2
Once again, this is courtesy of Aspire Aviation. Airbus Date Customer Quantity Model Remarks 9th July Arkia Israel Airlines 4 A321neo Agreement 10th July Cathay Pacific 10 A350-1000 Agreement; convert 16 existing -900 into -1000 10th July Drukair 1 A319 Firm Boeing Date Customer Quantity Model Remarks 9th July Air Lease Corp (ALC) 60 737 MAX 8 Firm; Reconfirmation rights …
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