Hike In Fuel Costs Impacted Results: Jet Airways
  • Prabha Hedge
  • Oct 24 2013

October 24: The second quarter has been a disastrous quarter for Jet Airways. The airline has reported the highest ever quarterly loss of Rs.891 crore. The falling rupee, poor demand and intense competition led to pricing pressure, which in turn impacted the company’s earnings. Bloomberg TV India spoke to Ravishankar Gopalakrishnan, CFO, Jet Airways to know more about the factors that led to weak Q2 numbers.