The Indian airline industry is going through a rough phase at present, since the worldwide economic recession and the present high costs of fuel have had a negative effect on the industry. At the same time, the industry is facing a number of issues in the form of a high debt burden and liquidity con... View more
The Indian airline industry is going through a rough phase at present, since the worldwide economic recession and the present high costs of fuel have had a negative effect on the industry. At the same time, the industry is facing a number of issues in the form of a high debt burden and liquidity constraints. As a result, most low-cost airline companies in the country are undergoing losses at present. Due to the economic recession, there has also been a significant drop in passenger traffic in recent years, which has added to the overall industry problems.
On the other hand, the airline industry, which also includes substantial foreign direct investment (FDI), offers considerable potential for improvement and expansion. This is due to the rise in income levels among the people and the low rate of penetration of aviation services in the country. Hide this