Thursday, 24 May 2012

AI, Kingfisher crisis benefited Jet Airways


The crisis in Air India and Kingfisher Airlines has benefited Jet Airways the most and the private carrier is expected to place an order of up to 100 narrow-body aircraft during this financial year, a global aviation strategy firm has projected. The Centre for Asia-Pacific Aviation also expects India's airlines to post a combined loss of a $1.4 billion, with Air India likely to be the "worst performer" to report a loss of almost the entire amount of $1.3 billion.

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