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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.
Read More »India’s aviation growth strong, but profitability still elusive due to high cost & competitive pricing: IATA
