Mumbai attacks to hurt Air India

The attacks in Mumbai at the end of Nov-08 are likely to turn a bad situation worse for the Indian aviation market. National Aviation Company of India (NACIL), the company formed from the merger of Air India and Indian Airlines, already expects a loss of close to USD650 million for Air India this year, primarily due to fuel costs and the global economic downturn, which has badly effected both the Indian domestic and international markets.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,772 words.
Become a CAPA Member

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.