MUMBAI (NewsRise) -- India's aviation industry is likely to slip into annual losses yet again this fiscal year as shrinking air fares and weaker finances at the nation's largest airline IndiGo mar prospects of the world's third-largest aviation market.
Transportation
India aviation sector likely heading for another year of losses, CAPA says
Troubles at nation's biggest carrier IndiGo hurt industry prospects
IndiGo, which held about 47% of the country's aviation market, has been facing troubles with the grounding of its Airbus A320neo aircraft fitted with P&W engines. © Reuters
Read Next
Latest on Transportation
