INSUBCONTINENT EXCLUSIVE:
will dent passenger traffic growth.According to Fitch, the Indian aviation market has seen a sharp increase in airfares in the last few
passenger kilometres (RPK), which decelerated to 12.4 per cent in January (2018: 19.9 per cent), to weaken further until supply increases,"
the rating agency said in a note.The air passenger volume is measured in RPK.As per the note, Jet Airways, which along with its subsidiary
JetLite had the second-largest share of the domestic market until January, has been steadily losing market share as it has been forced to
was then forced to ground its 737 MAX jets, which form around 15 per cent of its fleet."Get the latest election news, live updates and
election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
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