It came as good news for the suffering aviation sector in India. The top private carrier of the country, Jet Airways on Thursday reported its quarterly profit. And the net profit has increased by 10.5 per cent.

Also the full year loss narrowed down, giving signs that the things are improving. The reason for this growth is the high air-traffic and better load factors.

Talking about this, the carrier said in its official statement that the domestic travel industry is reviving and that is leading to high seat factors in the international operations. Combined together, they have pushed up the results of the company.

The statement also added that the load factor of the industry has also moved up and is now in the low-to-mid range of 70 per cent.

Jet reported a net profit of Rs. 585.8 million for the quarter ending March 31, 2010. This is higher that the figure that it had quoted last year which stood at Rs. 529.9 million. The total income of the airline rose from Rs. 24.65 billion to Rs. 27.78 billion for the above mentioned period.