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Jet Airways: Third quarter profitable after seven consecutive quarters of losses

The partnership with Etihad Airways must have made it possible for Jet Airways to have this impressive turn-around. The partnership with Etihad Airways must have made it possible for Jet Airways to have this impressive turn-around. Jet Airways Group today posted its first profit in seven quarters and announced a significantly improved performance for the third quarter ending December 31, 2014, with key operating parameters showing strong progress. Cramer Ball, CEO of Jet Airways said, “At the beginning of FY15 we outlined a three-year turnaround plan to get Jet Airways back to profitability. Today our business performance provides hard evidence that we are turning the business around and are on track to achieve our targets.

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