Jet Airways second-quarter profit slumps 91 percent | Reuters
(Reuters) - Jet Airways (India) Ltd, the country’s second-largest airline, reported a 91 percent slump in quarterly profit on Thursday, hurt by higher fuel expenses. A Jet Airways passenger aircraft takes off from the airport in Ahmedabad, India, August 12, 2013
(Reuters) - Jet Airways (India) Ltd, the country’s second-largest airline, reported a 91 percent slump in quarterly profit on Thursday, hurt by higher fuel expenses. A Jet Airways passenger aircraft takes off from the airport in Ahmedabad, India, August 12, 2013. REUTERS/Amit Dave/FilesNet profit for the quarter ended Sept. 30 came in at 496.3 million rupees ($7.69 million), compared with a profit of 5.49 billion rupees in the year-ago quarter. bit.ly/2ACEclV Quarterly total expenses rose 9.2 percent to 57.09 billion rupees, with aircraft fuel expenses rising about 17 percent. ($1 = 64.5700 Indian rupees)
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By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
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