The Jet Airways Group has reported a net profit of Rs 71 crores for the second quarter of FY’18 – its tenth successive profitable quarter, backed by growth in capacity, revenues as well as accompanying reduction in non-fuel costs. During the quarter, Jet Airways also reduced its net debt by Rs 194 crore. The total revenues increased to INR 5,952 crore in Q2 FY’17. Also EBITDAR of Rs 1,025 crore in Q2 FY’18 was reported against Rs 1,531 crore in Q2 FY’17.
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