Tag: aviation sector

Shady players, aviation scam and the boom and bust of airlines in India

Lalit Shastri The fate of now closed Kingfisher Airline, Air India’s huge debt burden and the latest grounding of Jet Airways raises several burning questions. The merger of Indian Airlines with Air India and the reckless acquisition of aircraft by these airlines ahead of their merger and many related issues has put the former Union

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Why Madhya Pradesh lacks good air connectivity

Lalit Shastri Gwalior doesn’t offer any traffic, still due to Madhavrao Scindia, I had to connect it by air although it was a loss making circuit – PC Sen, when he was heading the national carrier in the 90s of the last century There has been a trail of comments on a facebook post today

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Air India is rationalizing fleet to reduce operational losses

Newsroom24x7 Staff New Delhi: Five of the eight B-777 LR aircrafts purchased by Air India have been sold outright by the national carrier, presently overburdened by huge debt, to rationalize the fleet and reduce operational losses. Out of the 23 B-787 aircrafts purchased earlier by Air India, 21 B-787 Dreamliner aircrafts have sold and acquired

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