Vistara is making loses. Not huge ones. But they haven't recorded a profit yet. But given that their parent companies are the TATA Group (51%) and SIA (49%), both of which make huge net profits, they won't mind losing some money initially to earn more later on. With the Indian Rupee going down again against the US Dollar and the fuel prices rising (and not to forget the increasing competition and decreasing ticket prices), every airline in India is losing money.
I have read on the internet that Vistara isn't even expecting a net profit till 2020-21. Every financial year they estimate their "budgeted loss".
I have read on the internet that Vistara isn't even expecting a net profit till 2020-21. Every financial year they estimate their "budgeted loss".
