Tourism Breaking News
India’s aviation sector is expanding rapidly, but overall profitability remains elusive not just for Indian carriers, but globally as well, said Marie Owens Thomsen, Chief Economist, IATA. Asia Pacific trails with a forecast of only $2.6 per pax. While India likely sits below the regional average due to high costs & competitive pricing, she added.India’s aviation growth strong, but profitability still elusive due to high cost & competitive pricing: IATA
India’s aviation sector is expanding rapidly, but overall profitability remains elusive not just for Indian carriers, but globally as well, said Marie Owens Thomsen, Chief Economist, IATA. Asia Pacific trails with a forecast of only $2.6 per pax. While India likely sits below the regional average due to high costs & competitive pricing, she added.
