Loading

Heavy losses for Kingfisher Airlines, Jet Airways and SpiceJet in challenged Indian aviation sector

Analysis

The challenges continue in India's aviation sector with the country's three-listed carriers - Kingfisher Airlines, Jet Airways and SpiceJet - posting losses in the three months ended 31-Dec-2011 (3QFY2012), traditionally the strongest quarter for Indian carriers, marking four consecutive quarters in the red.

Kingfisher Airlines, as expected, posted the heaviest loss among the listed carriers in what was a tough quarter for India's aviation sector as a whole.

Government-owned Air India is also heavily loss-making. SpiceJet, while also feeling the pain, is better placed than some of its rivals, while unlisted IndiGo is likely to be the sole profitable carrier in the current fiscal year.

Read More

This CAPA Analysis Report is 3,786 words.

You must log in to read the rest of this article.

Got an account? Log In

Create a CAPA Account

Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.

InclusionsContent Lite UserCAPA Member
News
Non-Premium Analysis
Premium Analysis
Data Centre
Selected Research Publications

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More