Propelled by low oil prices, Jet Airways flies back into black

New Delhi, May 26 (UNI) Propelled by low crude oil prices, a loss-making Jet Airways flied back into the black during January-March 2016 quarter.
The civil aviation major reported net profit of Rs 397 crore during the fourth quarter, as against net loss of
Rs 1,729 crore in the same period last year.
During the quarter, its fuel expenses fell 25 per cent at Rs 999 crore against Rs 1,334 crore in year-ago period.
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