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Analysis: India airlines spread their wings to escape airfare war at home

Reuters 

(Corrects paragraph 20 to show IndiGo also made a profit for the last 13 quarters consecutively)By Aditi Shah and Jamie FreedNEW DELHI/SINGAPORE (Reuters) - 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 percent of their seats and benefiting from ...

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First Published: Thu, June 14 2018. 16:33 IST
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