After a period of turbulence, the aviation sector finally sees clear sky

After a year of distress that saw the grounding of Jet Airways and decommissioning of the entire Boeing 737 MAX fleet, dark clouds finally seem to be parting on the Indian aviation sector.

According to IATA’s global aviation results, India’s domestic air passenger volume—measured in revenue passenger kilometres (RPKs)—was the third-highest among the major aviation markets, rising 7.9 percent compared to the corresponding month of the previous fiscal.

The massive void left behind by the demise of the Naresh Goyal-led airline also seems to be filing up as other major players such as SpiceJet, IndiGo and Vistara introduced extra flights to take on the severe flight crunch. Read more

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