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Private air carrier Jet Airways on Friday reported a loss of Rs 123.16 crore for the April-June quarter. The company had a profit of Rs 3.52 crore in the year-ago period.

Under the deal announced on Wednesday, American Airlines will acquire a total of 200 aircraft from the Boeing 737 family and 260 Airbus from the A320 family.
Air India hopes the government would take an expeditious decision to infuse more funds to boost its dwindling financial position.
A Group of Ministers (GoM) to turnaround the national carrier, headed by Finance Minister Pranab Mukherjee, is likely to meet early next week on the issue.
The airlines are enjoying an average load factor of almost 79 per cent in May compared to last year, even as the global traffic rose by 6.8 per cent.
State-owned oil firms on Friday hiked jet fuel or ATF price by a marginal Rs 78 per kilolitre with effect from Friday midnight.
Beleaguered national carrier Air India has run into more rough weather as its earnings are expected to come down in the lean monsoon season.
The Jet Airways ticketing through mobile phones service will allow guests to book, cancel and refund their e-tickets and also manage payment cards on their phones.