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Air India's loss likely at $1-1.25 bn: CAPA

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  • Published On: April 08, 2011
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Centre for Asia Pacific Aviation CEO (South Asia) Kapil Kaul pegs combined profit of private airlines at around $400 million for the entire fiscal. He anticipates the loss for national carrier Air India at $1-1.25 billion. Kaul also believes high crude prices will continue to ail the aviation sector.
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