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Domestic air traffic to cross 150 mn on record aircraft induction: CAPA

Collective loss of domestic airlines will be $ 430-460 million

IndiGo's huge cash reserve to be used on capacity building
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Aneesh Phadnis Mumbai
Domestic air traffic will grow 18-20 per cent and cross 150 million in FY 2019 on the back of unprecedented capacity induction, aviation consultancy CAPA said in its outlook on Tuesday.

Yield pressure led by rapid capacity expansion and a spike in crude oil price remain key concerns for profitability and on consolidated basis airlines in India will post $ 430-460 million next fiscal, CAPA said. 

Indian carriers are expected to induct record 124-130 planes in FY 2019 to capitalise on strong domestic passenger growth. In FY 2018 , domestic air traffic will reach 125 million a growth of 18

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First Published: Jan 30 2018 | 10:36 PM IST

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