Sector Monitor: Airlines Profitabilityhttps://indianexpress.com/article/india/india-others/sector-monitor-airlines-profitability/

Sector Monitor: Airlines Profitability

The new entrants Air Asia india, Vistara and Air Costa accounted for $50-60 million to industry losses.

According to CAPA, around 22 narrow-body aircraft and 10-12 regional aircraft are scheduled to be delivered and added to fleet of Indian airlines in the current fiscal.
According to CAPA, around 22 narrow-body aircraft and 10-12 regional aircraft are scheduled to be delivered and added to fleet of Indian airlines in the current fiscal.

The two no-frills carriers IndiGo and GoAir helped moderate industry losses by posting profits in the range of $150-175 million and $ 14-15 million, respectively.

airlineThe new entrants Air Asia india, Vistara and Air Costa accounted for $50-60 million to industry losses.

$1.21-1.27 bn
Combined losses of Indian airlines that reduced by around 30% in the last financial year on account of lower fuel prices, according to aviation advisory firm Centre for Asia Pacific Aviation (CAPA).

$1.28-1.31 bn
Combined losses of the country’s three full-service carriers Air India, Jet Airways and Vistara.