Jet Airways said that it would not significantly add capacity
during 2012-13. However, the domestic aviation market leader expects
yield, revenue/passenger, to improve significantly during the current
quarter ending March 31.
Jet's share rose to Rs 244.55 on Tuesday on Bombay Stock Exchange, 1.22 per cent higher than the previous closing.
This
happened because the company posted losses lower than the market's
apprehension - at Rs 101.2 crore during quarter ending December 31,
2011. Analysts had estimated a Rs 300-crore loss.
Addressing
an analyst conference call post-third quarter results (October-December
2011), the Jet management indicated that capacity induction in the next
financial year would be “sedate” at around five per cent.
Source: http://www.thehindubusinessline.com/industry-and-economy/logistics/article2828882.ece?ref=wl_industry-and-economy
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