Tag: best sector

Despite bottom line pressure, FY17 to be the best for airlines

Airlines are likely to close the outgoing financial year with 22-23 per cent traffic growth, making it one of the best for the sector, even though the pressure on their bottom line is increasing as oil prices are on a northward-ho, says a report. "Airlines are maintaining healthy load factors backed by low fares. But …

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March 13, 2017