Air India does its bit to get India flying again, as bailout hangs in balance
The explosion in air travel across India was one of the major achievements of the current administration in Delhi, which faces national elections in a few months time. That was until 2008, when record fuel prices, a slowing economy and over-exuberant capacity growth by airlines, led to massive losses for the newly liberalised sector. Airlines responded by ratcheting up fares and taking over smaller price leaders. Travelers responded by going back to trains and buses.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.