INSUBCONTINENT EXCLUSIVE:
carrier, had reported a consolidated loss of Rs 66.78 crore during the year-ago period.Its total income in the December quarter climbed to
Rs 267.73 crore compared to Rs 187.06 crore in the same period a year ago, according to a regulatory filing.On a standalone basis, the
airline recorded a profit of Rs 23.28 crore for the third quarter of the current fiscal year
passenger traffic and various accommodations from aircraft manufacturer and lessors".He further said that "the passenger industry witnessed
the much needed turnaround in the third quarter as Coronavirus cases ebbed in the first half of the quarter, travel picked up significantly
and there was finally hope that the worst was behind us
However, that changed by the second half of December as Omicron halted that recovery"."Our performance would have been much better but was
impacted by the unexpected delay in the return to service of the 737 MAX, rising fuel costs and certain exceptional adjustments
I am happy to say that there are renewed signs of recovery in the passenger segment and the logistics segment continues to remain strong,"
