{"id":27491,"date":"2022-10-17T13:55:44","date_gmt":"2022-10-17T08:25:44","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=27491"},"modified":"2022-10-17T13:55:48","modified_gmt":"2022-10-17T08:25:48","slug":"despite-an-increase-in-traffic-indian-airlines-are-likely-to-remain-stressed-exclusive","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/10\/17\/despite-an-increase-in-traffic-indian-airlines-are-likely-to-remain-stressed-exclusive\/","title":{"rendered":"Despite an increase in traffic, Indian Airlines are likely to remain stressed | EXCLUSIVE"},"content":{"rendered":"\n

Despite India’s traffic patterns <\/strong>are positive, the most recent projections by corporate rating agency ICRA<\/strong> indicate that airlines will continue to face financial strain. <\/p>\n\n\n\n

Any revenue rise brought on by more travellers will certainly be countered by a number of issues, such as rising fuel costs and weakening currencies. <\/strong><\/p><\/blockquote>\n\n\n\n

\"Despite<\/figure>\n\n\n\n

Still not there<\/h2>\n\n\n\n

India’s aviation industry appears to be recovering. <\/p>\n\n\n\n

Airlines have started hiring quickly, airport passenger volumes are reaching or even surpassing pre-pandemic levels, and even the aviation regulator plans to increase staffing to keep up with the expanding fleet. <\/p>\n\n\n\n

Challenges <\/h2>\n\n\n\n

The country’s airlines are still dealing with a number of issues that are having an impact on their overall financial health. <\/p>\n\n\n\n

Suprio Banerjee, Vice President & Sector Head – Corporate Ratings at ICRA, added that despite the airlines’ efforts to maintain and\/or grow their market share will hinder their ability to increase margins with such fuel prices. <\/p>\n\n\n\n

Fuel prices are still a significant barrier. <\/p>\n\n\n\n

The upcoming debut of Jet Airways and the admission of Akasa Air would increase competitiveness in the nation. <\/strong><\/p><\/blockquote>\n\n\n\n

On routes where Akasa flies, we have already observed tickets becoming extremely competitive, and a price war is the last thing that airlines, which already run on razor-thin margins, need. <\/em><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Cash reserves are a problem<\/h2>\n\n\n\n

The aviation company CAPA predicts that local airlines in India could lose between $1.4 and $1.7 billion.<\/p>\n\n\n\n

It was emphasised that regulations must be put in place to rectify the fact that carriers in the nation operate with very little cash on hand. <\/p>\n\n\n\n

Kaul cautioned<\/p>

“The more we celebrate expansion without a profit, the further we will stray from the type of reforms the industry needs. <\/p>

We keep fiddling about on the periphery and don’t delve deeply<\/strong> enough to transform the industry.” <\/p><\/blockquote>\n\n\n\n

Stay Informed with Aviation a2z. <\/p>\n\n\n\n

Join Our Telegram group<\/strong> for Latest Aviation Updates :- https:\/\/t.me\/aviationa2z<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Despite India’s traffic patterns are positive, the most recent projections by corporate rating agency ICRA. Know more here <\/p>\n","protected":false},"author":2,"featured_media":27493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6761,416],"tags":[2030,393,2321,2971],"class_list":{"0":"post-27491","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-quick-updates","9":"tag-aviation-a2z-news","10":"tag-aviation-news","11":"tag-icra","12":"tag-indian-airlines"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/27491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=27491"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/27491\/revisions"}],"predecessor-version":[{"id":27494,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/27491\/revisions\/27494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/27493"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=27491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=27491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=27491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}