Jet Airways posts first annual profit since 2007
India's second-biggest airlines by passengers Jet Airways on Thursday reported an annual profit for the first time since 2007, a year ahead of schedule under its 2014 turnaround plan. The company reported a profit of ₹1,212 crore against a loss of ₹2,097 crore in the previous financial year. The profit was attributed to lower fuel costs and higher aircraft use.