Jet-lagged Indian carriersDefault, Featured — By admin on June 21, 2012 at 8:37 am
Was Gopinath’s Air Deccan the undoing factor of Indian Aviation? The passenger traffic of 10 million in 1994 barely grew for over the next 10 years, reaching merely 14 million by 2002-03. But the numbers however exploded since, reaching 44 million by 2007-08 and now nearing the 60 million mark. Despite the tremendous growth in Air traffic in the last decade, Airlines’ accumulated losses are piling year-on-year. R K Maheshwari, former Joint DGCA, takes us to where the heart of the problem lies tracing seven decades of Aviation history, discussing possible solution, FDI and what the Government should do. Turn to Pages 12 to 13 to read Deteriorating Health of Airlines in India – What will help…?