Jet Airways in red, Q1 net loss at Rs 45 cr

Jet Airways today reported a net loss of Rs 44.98 crore for the first quarter ended June 30, 2006 as against a net profit of Rs 95.34 crore in the corresponding quarter a year ago.

According to a release issued by Jet to the BSE today, total income grew 24.8% to Rs 1,678.76 crore from Rs 1,345.36 crore in Q1FY06.