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Indian airlines spread their wings to escape airfare war at home

While global airlines' profits have been strong since 2015 - though with wide regional variations - Indian carriers are struggling to remain profitable, despite filling nearly 90% of their seats

Aditi Shah & Jamie Freed | Reuters  |  New Delhi/Singapore 

Indian airlines are turning to the international market in search of better returns as the intensifying fight for a bigger share of the world's fastest growing domestic market - where price is king - drives down profits. While global airlines' profits have been strong since 2015 - though with wide regional variations - Indian carriers are struggling to remain profitable, despite filling nearly 90 per cent of their seats and benefiting from a more than doubling of domestic passenger numbers over the last four years. "It is an incredibly tough domestic market, very ...

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First Published: Wed, June 13 2018. 18:18 IST
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