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Indian airlines may report $1.6-1.8 billion loss in FY24: CAPA
short by Dharini Mudgal / on Monday, 20 March, 2023
Aviation consultancy firm CAPA India has said that Indian airlines may report a consolidated loss of $1.6-1.8 billion in FY24. According to the firm, Indian airlines are estimated to have a net induction of 132 planes next fiscal, taking total fleet of all carriers to around 816 aircraft. Over 100 planes of Indian carriers are on the ground, it added.
read more at Outlook India