Vistara achieves first net quarterly airline profit

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.

Related News Stories :   Russian jet aborts take-off due to aircraft engine fire     Finnair ditching in-flight shopping     Lufthansa, Air France hope to land Flybe airport slots     Runway collision narrowly averted at Texas airport     Zipair taps Starlink to elevate in-flight Wi-Fi     Global air travel recovery continues