Jet Airways owned by Naresh Goyal,  major airlines of India based in Mumbai posted a net profit of Rs 8.5 crore for the quarter ended June, against a loss of Rs 223 crore in the year-ago period. Jet Airways posted a net profit of Rs 3.5 crore, against a loss of Rs 225 crore a year ago. Jet Airways group saw traffic growth of 35 per cent, which pushed up revenues to Rs 3,499 crore a growth of 23 per cent. Jet Airways is the second largest airlines in India after Indian Airlines. Jet Airways is already a market leader in the domestic sector. Jet Airways operates over 400 flights daily to 67 destinations worldwide. Main domestic hubs of Jet Airways are Mumbai and Delhi. Jet Airways has an international hub at Brussels Airport, Belgium. Jet Airways is owned by the London-based billionaire Naresh Goyal.

This growth has been achieved through the integration of operational efficiencies network planning, strategic code shares, marketing initiatives and on-time performance, all of which has helped the airline stay a step ahead, said Nikos Kardassis, CEO, Jet Airways.