"In 2019, overall costs are expected to grow 7.4 per cent, outpacing a 6.5 per cent rise in revenues. As a result, net margins are expected to be squeezed to 3.2 per cent (from 3.7 per cent in 2018). Profit per passenger will similarly decline to $6.12 (from $6.85 in 2018)."
The aviation sector in India charges 5 per cent and 12 per cent GST on economy and business class tickets, respectively
The International Air Transport Association (IATA) on Tuesday asked governments across the world to release blocked funds to their airlines…
India’s domestic passenger traffic was the highest among major aviation markets at 15.5 per cent in September, followed by China…
The Vice President of India M Venkaiah Naidu, at the inauguration of the 2nd Aero Expo India 2017 on Thursday, said…
The International Air Transport Association (IATA) on 29 June said that clarification on specific issues with respect to the application…
If India wants its aviation sector to grow, it should lower the entire burden of taxes and charges on it,…
Naresh Goyal-promoted private carrier Jet Airways on Thursday said it has partnered with Mexican flag carrier Aeromexico for codeshare flights…
The International Air Transport Association (IATA) revised its 2017 industry profitability outlook upwards to $31.4 billion. According to IATA, airlines…
Global airline organisation IATA on Monday said that air passenger carriers should be allowed to continue the long-established overbooking practices.…
