Current competition in Indian aviation industry not in line with profitability: CAPA


Current competitive dynamics of the Indian aviation industry are not aligned with a profitable structure, market advisory CAPA said Tuesday.

The Centre for Asia Pacific Aviation (CAPA) in its outlook for Indian aviation market for the next fiscal also pointed out that a clear long-term strategy is not visible for some carriers. The outlook has come at a time when major Indian airlines have reported a sharp drop in their profits.

Budget carrier SpiceJet on Monday reported a massive 77 per cent fall in its net profit at Rs 55 crore owing to higher aviation fuel cost and rupee depreciation.  Read More

You may also read!

Orders coming in for ‘Khukri’ knives from US: Dehradun-based store

A shop in Uttrakhand's Dehradun, which claims to have been supplying the indigenously made curved 'khukri' knife to the

Read More...

Post-Balakot, Pakistan scrambled jets from 8 bases. Was 10 minutes late: IAF report

“The strategic-surprise” of the Balakot airstrikes by the Indian Air Force in the Khyber Phaktunwa region of Pakistan on

Read More...

India to stay away from Belt Forum as China tries to build influence

China is using the three-day Belt and Road Forum, which opens on Thursday, to exert its political muscle and

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu