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Several investors have shown interest in putting money into rewarding it with Etihad Airways, the finance chief of India's second-biggest carrier by market share Tuesday. Speaking at a post-earnings badyst conference call, Amit Agarwal, said there was considerable interest in "fresh equity" in Jet Privilege.
Agarwal Tata Sons, still calling it speculative. AND had last month reported Narsh Goyal chairman chairman of the board of directors selling his controlling stake.
Jet clocked a net loss of Rs 1,261 crore compared to a net profit of Rs 71 crore a year earlier. Rose revenue just 5 per cent to Rs 6,436 crore. Fuel expenses rose 55 per cent to Rs 2,529 crore. Jet's available seat kilometers were up 7.3 percent at $ 15.28 billion over Q2FY18 while pbadenger volumes increased by 2.2 percent to 7.45 million over Q2FY18. Its per capita rate of inflation is 0.3 per cent but the cost equivalent to 12.5 per cent.
![Jet Snip 1 "title =" Jet snip 1 "/>
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<p> During the call, Agarwal said" I was thrown out of debt "8,800 crore and net debt was about Rs 8,000 crore, showing its cash reserves are about Rs 400 crore.Reflix Rs 7,364 crore, which means it rs 680 crore of debt the second quarter. crore.
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<p> "This is just loans to fund losses," said an badyst at a brokerage who did not want to be named. Six Boeing 777 planes that have been on for months.
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<p> The debt of Rs 1,800 crore, said Agarwal.<br />
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