indigo

Aviation set to follow Telecom route, consolidation check-in with swift pace

Aviation set to follow Telecom route, consolidation check-in with swift pace
The inevitable has happened sooner than expected. After attracting new players catering to new routes with cheap prices, the Indian aviation sector is set for a shakeout. Just as telecom industry, India would soon have 5-6 airline companies operating on all-India routes, having deep pockets and stable pricing strategies to make airline business financially viable.

Air Deccan on troubled sky, Kingfisher on rescue

Air Deccan on troubled sky, Kingfisher on rescue
Captain Gopinath can be counted among the most risk-taking (first to bring the concept of low-cost airline in India), and most unlucky entrepreneur. The period during which IPO was available for subscription, the market witnessed its severest crash, and the issue barely managed to scape through with the lowering of offer price.