India's domestic air traffic shrank by 2.1 per cent: IATA
PTI: New Delhi, Jan 31 2013, 21:18 IST
markets were the "main drivers of growth".
Growth and high aircraft utilisation combined to help airlines deliver an estimated USD 6.7 billion profit in 2012 despite high fuel prices. "But with a net profit margin of just one per cent, the industry is only just keeping its head above water," IATA chief Tony Tyler said.
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