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9-Dec-2015 8:54 AM

India Ministry of Civil Aviation: Three airlines reported operating profit in FY2014

India's Ministry of Civil Aviation reported (08-Dec-2015) the following financial highlights for Indian airlines for FY2014:

  • Total operating revenue: INR602.8 billion (USD10.0 billion);
    • National airlines: INR214.1 billion (USD3.5 billion);
      • Air India: INR190.9 billion (USD3.2 billion);
      • Air India Express: INR20.7 billion (USD342.8 million);
      • Alliance Air: INR2.4 billion (USD40.2 million);
    • Private scheduled domestic airlines: INR388.8 billion (USD6.4 billion);
      • Jet Airways: INR172.3 billion (USD2.9 billion);
      • JetLite: INR16.9 billion (USD280.1 million);
      • GoAir: INR25.3 billion (USD419.5 million);
      • SpiceJet: INR63.0 billion (USD1.0 billion);
      • IndiGo: INR111.2 billion (USD1.8 billion);
      • Air Costa*: INR511 million (USD8.5 million);
  • Operating costs: INR675.9 billion (USD11.2 billion);
    • National airlines: 247.6 billion (USD4.1 billion);
    • Private scheduled domestic airlines: INR428.3 billion (USD7.1 billion);
      • Jet Airways: INR201.1 billion (USD3.3 billion);
      • JetLite: INR21.5 billion (USD355.4 million);
      • GoAir: INR24.2 billion (USD401.4 million);
      • SpiceJet: INR73.0 billion (USD1.2 billion);
      • IndiGo: INR108.5 billion (USD1.8 billion);
      • Air Costa*: INR1.2 billion (USD20.0 million);
  • Operating profit (loss): (INR73.1 billion) (USD1.2 billion);
    • National airlines: (INR33.6 billion) (USD556.3 million);
    • Private scheduled domestic airlines: (INR39.5 billion) (USD654.2 million);
      • Jet Airways: (INR28.7 billion) (USD476.2 million);
      • JetLite: (INR4.5 billion) (USD75.3 million);
      • GoAir: INR1.1 billion (USD18.2 million);
      • SpiceJet: (INR10.0 billion) (USD165.6 million);
      • IndiGo: INR2.7 billion (USD44.7 million);
      • Air Costa*: (INR695.5 million) (USD11.5 million). [more - original PR]

**Based on the average conversion rate at USD1 = INR60.3682
*Air Costa commenced operations in Oct-2013

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