The current financial year may turn out to be the first-ever profitable year at the operating level for full-service carrier Vistara, if it is able to tide over the lean March quarter through discount offers typically seen during this period.
The Tata group-promoted airline said that it has generated profits at each of the first three quarters this year, but at the operating level. At the net level, however, reasons like adverse foreign exchange fluctuations have restricted the company’s attempts to become profitable.