The Indian commercial aviation industry has pretty much been in shakeout mode ever since the government ended a state monopoly enjoyed by Indian Airlines in 1994. Debt-burdened Kingfisher Airlines ended operations in 2012 -- and 10 other domestic carriers remain locked in a largely profitless struggle for passengers, despite operating in the world’s fastest-growing market.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Lwrj0F
Cheap fares killing airlines in India's cut-throat market
![Cheap fares killing airlines in India's cut-throat market]()
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August 27, 2018
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