more-inBudget airline AirAsia India has embarked on a growth path with a target to turn profitable by 2019, a top official said. “We hope to be profitable by 2019,” said Amar Abrol, Managing Director & CEO, AirAsia (India) Ltd. “Already 60% of our routes are making gross profits. AirAsia India, which was slow in inducting aircraft in the first two years of operations, has expanded capacity rapidly and has plans for a fleet of 20 aircraft by the end of 2018. In the domestic market, the airline will prefer to increase frequencies on its existing routes rather than opening new sectors. It has no plans to get into the regional connectivity scheme as it wants to stick to its Airbus A320 fleet.

Source: The Hindu July 04, 2017 15:50 UTC