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What Makes Airlines Nosedive?

What Makes Airlines Nosedive?

Airlines need a proper business model to conform to Indian conditions Budget airline Go First hastily filed for bankruptcy protection earlier this month and suspended its operations for a few days. According to reports, the lessors of the 20 aircraft that Go First leased have also petitioned India’s aviation authority to deregister them, enabling their...

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Air India posts Rs.246 crore loss in April-June quarter

Air India posts Rs.246 crore loss in April-June quarter

Air India has reported an operational loss of Rs.246.14 crore in the three months ended June 2016. The airline had turned operationally profitable in the previous fiscal. The operating loss in the first quarter of this fiscal has come down from Rs.315.37 crore in the year-ago period.

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CCI Order Anti-competitive conduct

CCI Order Anti-competitive conduct

Competition Commission of India has ordered airlines´ to desist from indulging in anti-competitive practices and has imposed penalties on leading airlines. The moot question is whether this is a well-grounded move.

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