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Tuesday, February 25, 2020

Sector Monitor: Airlines Profitability

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

Updated: June 10, 2015 5:48:30 am
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.

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