Tue, Jun 06, 2017
With the GST coming in, volatility in crude prices ahead, low cost carries take on fare prices will be key thing to watch. Q4FY17 was mostly negative for Jet Airways, SpiceJet and Indigo on the back of low fares, ATF prices and demonetisation.
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Tue, May 30, 2017
For the full financial year, Jet Airways reported a net profit of Rs 390.43 crore as against Rs 1173.56 crore in FY16.
Wed, Apr 12, 2017
Ansuman Deb, Research Analysts of ICICI Securities said, “Q4FY17 is likely to be the bottom for airline margins as cost tailwinds come back from Q1FY18. As such, valuations will not depend on this quarterly performance. Yet, Q4FY17 will provide insights to how airlines fare in a relatively adverse scenario in their ability to pass on higher costs. ”
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