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Current competition in Indian aviation industry not in line with profitability, says CAPA

Updated : February 12, 2019 07:17 PM IST

The Centre for Asia Pacific Aviation (CAPA) in its outlook for Indian aviation market for the next fiscal also pointed out that a clear long-term strategy is not visible for some carriers.
CAPA in its presentation said that "strong balance sheets are key for long term viability" and the Indian aviation industry is "likely to see new investors in 2-3 Indian carriers in 2019-20".
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