This title is deceptive. No airline in India is making money hand over fist. In fact, if you look at the whole year, 0/6 airlines posted a profit. Even IndiGo is making losses - and that is with the aggressive sale-leaseback strategy they are utilizing.IndiGo is making money hand over fist; Jet struggles | Firstpost
I think they are basing their calculations on the basis of the last quarter.This title is deceptive. No airline in India is making money hand over fist. In fact, if you look at the whole year, 0/6 airlines posted a profit. Even IndiGo is making losses - and that is with the aggressive sale-leaseback strategy they are utilizing.
Yes, I realize that. But it doesn't make it any less misleading.I think they are basing their calculations on the basis of the last quarter.