Airlines may turn in profits on improved passenger volumes
Airlines may turn in profits on improved passenger volumes
Mumbai / New Delhi: After several quarters of flying through turbulent weather, India’s listed airline companies are expected to report profits for the quarter ended December as more passengers took to the skies.
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Kaul identified three reasons why these three listed airlines could be flying into profitability.
He expects airlines can stay profitable if oil stays around $80 a barrel, near its current level.
Graphic by Sandeep Bhatnagar / Mint
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