2024 Ahoy! Aviation heralds mega airports, airline profitability
After a cloudy 2023, 2024 promises clearer skies for India’s aviation sector
After a cloudy 2023, 2024 promises clearer skies for India’s aviation sector
Akasa Air became the fifth largest domestic airline by cornering a market share of 5.2%, defeating the beleaguered low-cost carrier SpiceJet
The recent bankruptcy filing by rival GoFirst has thrown the spotlight yet again on SpiceJet, with many convinced it may be next in line
Aviation stocks witnessed a strong rally on Wednesday amid hope that the grounding of Go First Airlines would boost profits for the rest.
Elevated ATF prices will impact earnings and liquidity profile of the airlines in the near to medium term, while weaker rupee to dollar will raise input costs.
To survive the new aviation landscape post Air India sale, the smaller airlines have no option but to reinvent themselves.