KPMG study says despite ATF price hike, Indian airlines can break even by simple measures
NEW DELHI, JULY 3: Indian carriers that are reeling under projected losses of Rs 8,000 crore this fiscal can achieve break even and become profitable despite rising jet fuel costs, says a new study by KPMG. The study suggests airlines can achieve this by focusing on process improvements, cost optimisation and by switching to a leaner business model.
