{
Indigo

Companies

}
001122334455554433221100
001122334455554433221100

airline profits under pressure despite record domestic travel growth in india

Record domestic travel in India was anticipated to boost airline profits, but rising costs, increased capacity, and fierce competition are likely to impact earnings negatively. Indigo's recent revenue performance highlights concerns over expenses such as fuel and airport charges, while a senior Air India executive noted that rapid capacity expansion is outpacing traffic growth, leading to lower yields.
Moneycontrol
Indian Rupee Air India Indigo IND
Finance & Economy, Market Report
11:56 15.11.2024
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