Indian airline financial wrap 3QFY2009/10: Jet Airways, Kingfisher Airlines, Air India and SpiceJet
Third quarter FY2009/10 financial results for India’s three large airline groups – Air India, Jet Airways and Kingfisher Airlines – and domestic LCC, SpiceJet, show mixed results at the net profit level, as two of the four carriers increased their revenues, while all four experienced traffic growth. There are still challenging times ahead in 2010 for all four carriers to reach a stabilisation in yields and increase their revenues, as traffic continues to recover.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.