Air Deccan may fly into profit zone

For Air Deccan, the fog seems to be lifting. Despite the scepticism surrounding the viability of the low-cost airline model in the country, Air Deccan is on the verge of doing something it has never achieved in its three-year-old history: it is close to breaking even.

When the Air Deccan board meets on January 25 to consider the quarterly results, the chances are that the airline could substantially pare down its losses and perhaps even turn in a modest profit during the October-December quarter, a vast improvement over the Rs 43-crore loss in the previous quarter, claim company officials.

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