The company's expenses climbed to Rs 1,782.95 crore in the latest June quarter. In the comparable period, the same stood at Rs 1,641.93 crore.
Jet is also following strict measures to cut costs by $100 million and may have to take some tough decisions on headcount.
Jet posted a net loss of Rs 217.65 crore for the first quarter of the current financial year, down from Rs 355.38 crore a year earlier.
Jet Airways aims to save $100 million (Rs 611.5 crore) by renegotiating contracts with its vendors and suppliers with help from its strategic partner Etihad Airways.
The airline has 4-6 planes that are 12-14 years old & Kapoor said he would welcome opportunity to return them before their lease period expires.
GMR Airports is in discussions with bankers to raise $500 million in dollar bond sale as the rates in international markets are a benign ahead of a possible spike.
SpiceJet increased salaries of pilots & crew after three years, a move which may give investors hope that all is not bad with the loss-making carrier.
The facility is part of an aero SEZ at the Hyderabad airport which is operated by the consortium GMR Hyderabad International Airport.
Hiring cabin crew will be a tricky operation for the carrier which has been widely criticised for having overweight cabin crew.
More than six airline executives that ET spoke to squarely blamed Boeing for being “slow” in rectifying the problems, including windshield cracks.
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