A consolidated loss of $1.6-1.8 billion is expected from Indian carriers in FY24: CAPA

A consolidated loss of $1.6-1.8 billion is expected from Indian carriers in FY24: CAPA.

According to aviation consultancy CAPA India, Indian airlines are expected to have a combined loss of USD 1.6 to 1.8 billion in the upcoming fiscal year.

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The full-service carriers are predicted to lose between USD 1.1 billion and USD 1.2 billion.

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For the full-service carriers, losses of between USD 1.1 billion and USD 1.2 billion are predicted.

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