Air Deccan is close to a turnaround and may post a profit, albeit modest, for the October-December quarter. Air Deccan officials are at pains to show this uptick in performance is no sleight of hand. In December, buoyed by a surge in passenger traffic and better margins, the airline showed an improvement on all the key performance indicators.
For one, average yield per passenger was Rs 3,200 during the month, up from Rs 2,780 in the July-September 2006 quarter, Air Deccan finance director Mohan Kumar said. Mr Kumar claims that the airline starts to break even at Rs 3,100 per seat.