₹ 2808.35707932 Cr.
₹ 3840.22007932 Cr.
₹ 77.897 Cr.
₹ 1109.76 Cr.
The civil aviation industry in India has emerged as one of the fastest-growing industries in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world.
A rise in the working group and middle-class demography has created a positive demand for the airline sector, to cater to the rising air traffic, the Government of India has been working towards increasing the number of airports. Investments to the tune of ($5.99 to $6.41) are expected in India’s airport infrastructure between FY18-23. While assessing the health of an airline company these financial metrics should be analyzed thoroughly.
Let us have a look into Spice Jet for more understanding.