AirAsia India Registers Q2 Loss At Rs 29 Crore
Advertisement
Advertisement
Advertisement
Entrepreneur Tony Fernandes-led
AirAsia Berhad revealed that its Indian subsidiary is planning to add more aircrafts to its existing fleet and will also come up with a second hub in Goa. “In India, they (AirAsia India) will likely add two more aircraft in December, bringing it to a total of four aircraft,” it said.
It is important to note that the passenger load factor recorded by AirAsia India has fallen sharply since June. According to the data available with the Directorate General of Civil Aviation (DGCA), AirAsia India’s load factor, which stood at 80% in June, fell to 69.8% in July, 73% in August, 68.7% in September and 76.2% in October. However, its competitors such as
AirAsia Berhad, which is also planning to fly to Delhi and Mumbai, is optimistic about the future growth of its Indian subsidiary. Now, it remains to be seen whether the carrier will post a profit in the next quarter.
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market