(a) whether the Government is giving any financial package and sops to bailout the private airline from financial crunch;
(b) if so, the details thereof; and
(c) the losses and profits reported by each private airline during the last three years?
(a) whether the Government is giving any financial package and sops to bailout the private airline from financial crunch;
(b) if so, the details thereof; and
(c) the losses and profits reported by each private airline during the last three years?
MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF CIVIL AVIATION(SHRI PRAFUL PATEL)
(a):- No, Sir.
(b):- Does not arise.
(c):- Details of losses/profit of leading private airlines in last three
years are as under :-
Airline Profit/Loss (Rs. In Million)
2005-06 2006-07 2007-08
Kingfisher Airlines -2337.7 -5773.13 -4089.16
Jet Airways 5387.6 279.41 -2530.63
Go Air -584.0 -2374.72 -1747.60
Spicejet -485.3 -721.46 -1335.07
Jetlite -594.9 -6896.6 -4415.00
Air Deccan -3223.3 -4195.70 -7983.49
(now designated as Kingfisher Red)
Paramount Airways -177.7 16.30 11.70
Indigo -2017.94 -2347.48