For India, It's Consolidation Time
Credit: NEELAM MATHEWS/AW&ST
A waning infrastructure, labor shortages, low domestic yields and unsustainable losses from cutthroat pricing are widening gaps between revenue and expenses in India's commercial aviation. An airfares squeeze resulted in a collective loss for Indian carriers of $500 million in the fiscal year that...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.