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Demonetisation hits aviation sector

Demonetisation hits aviation sector

Domestic airlines have reported a 7-10 per cent drop in overall sales after the governmentÂ’s demonetisation move, according to a few news reports. Many travellers planning to travel during the peak winter season have apparently decided to postpone their travel plans.

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Inducting new aircraft got easier in India

Inducting new aircraft got easier in India

The Union Civil Aviation Ministry has disbanded the Aircraft Acquisition Committee as it was under the pressure from the airline industry and in the face of criticism about delays in inducting new aircraft. The six-member AAC, headed by the Additional Secretary in the Ministry, was vested with the power of clearing aircraft purchases for existing airlines as well as deciding on proposals for those wanting to enter the domestic industry.

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Enabling regulations may save the day

Enabling regulations may save the day

The economics of the airline industry has always been a concern for stake holders. Deep N Mukherjee and Ashoo Mishra explore the various challenges involved in this sector. The airline industry is a sector where reputation, skill and luck do not play a major role. A case in point is Warren Buffet who lost heavily in his investment in US Airways. The challenges for the Indian aviation industry increase further on the back of regulationdriven cost inefficiencies and a nascent market.