Asia/Pacific

CRISIL - Indian Aviation industry could return to profit in 2023-24

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CRISIL - Indian Aviation industry could return to profit in 2023-24

India’s aviation industry could return to profitability in 2023-24 for the first time since the pandemic, predicts CRISIL. In the latest forecast for Indian aviation market CRISIL forecasts aggregate net loss of 80% year-on-year (YoY) between INR 35bn and INR 45bn in FY 2022-23 as compared to INR ...

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