airline losses

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    Domestic Air Travel Growth and Airline Profitability: Key Insights from ICRA

    Mumbai, Feb 24 According to ICRA, Indian airlines are expected to reduce losses to an estimated ₹11,000-12,000 crore in the next fiscal year, compared to the projected ₹17,000-18,000 crore this fiscal year, despite maintaining a "stable outlook" for the domestic aviation industry.ICRA also...
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    Akasa Air Experiences Leadership Changes Amidst Industry Challenges

    New Delhi, February 11 Akasa Air's Co-Founder and Chief Commercial Officer, Praveen Iyer, has resigned, marking the second high-level departure in four months at the over three-year-old airline.After a five-year stint, Iyer has decided to move on to begin the next chapter of his life. He will...
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