Vistara achieves first net quarterly airline profit

Tuesday, 24 Jan, 2023 0

India full-service carrier Vistara reported its first net quarterly airline profit.

The airline crossed the US$1 billion revenue mark and remained EBITDA positive in the current fiscal year.

The airline achieved its highest ever domestic market share of 10.4% in July 2022 and remains the second largest domestic airline

It flew more than 11 million passengers in the calendar year 2022.

Vistara also registered a 11% year-on-year growth in its frequent flyer program – Club Vistara.

It grew its international network by over 180% in 2022, by adding seven additional routes.

It also grew its domestic network by over 50%, by adding six new routes.

Vistara operates hubs at Delhi and Mumbai, and currently operates over100 daily domestic departures.

The airline expanded its fleet size to 53 in 2022.



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Ray Monty



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