Indian Aviation Industry Is Heading Toward Duopoly, Says CAPA | Aviation Business News

CAPA – the global aviation consultant expects the Indian aviation industry is headed towards a duopolistic structure with Air India and IndiGo making up a dominant 80% of the market. They say that the industry is witnessing a recovery, but smaller aviation companies could run into some turbulence.CAPA also expects the operating revenue of the industry to surpass pre-covid levels driven by a recovery in airline traffic and seat capacity, and yield improvement. However, for FY23, Airline losses before tax hover around Rs 12,600 cr due to high ATF prices and a weak INR.Watch the video to know more.