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Indian airlines may post USD 4.1-billion consolidated loss this fiscal: CAPA

Shortpedia

Content Team
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Indian airlines are expected to post a consolidated loss of USD 4.1 billion this fiscal, taking the total losses of two years to around USD 8 billion as a result of the pandemic so far, aviation consultancy and research firm CAPA said. In a report, CAPA expects domestic passenger traffic to be around 80-95 million in 2021-22 as against 52.5 million in the previous financial year.