William Walsh, with 40+ years in the aviation industry, will be responsible for overall management & strategic direction of IndiGo, with a focus on initiatives to strengthen operational performance.
Engine on Visakhapatnam to New Delhi flight with 160 on board failed, prompting a full emergency at Delhi airport; Boeing landed with other engine, passengers & crew safe.
IndiGo’s cancellations of at least 4,500 flights and subsequent price surges following a scheduling crisis left thousands of passengers stranded two months ago.
The antitrust body’s scrutiny is the latest blow for the airline after India’s aviation regulator imposed a penalty last month, cautioned IndiGo CEO Pieter Elbers.
Hearing PIL on aviation safety, court asked DGCA to justify withdrawal of new flight duty rules that barred airlines from substituting leave with weekly rest. Notices sent to IndiGo, DGCA, Centre.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?
Corporations resent regulations that curb their freedom to operate. If they want to be trusted, they should respond to society’s needs, rather than lobbying against regulations.
IndiGo showed how a single point of failure can ripple across a sector. In defence, where there is no external fallback, the consequences are far more serious.
The Congress has promised Rs 50,000 assistance to each woman but as we've seen in many recent elections, voters seem to be conscious of the proverb: 'A bird in hand is worth two in the bush.'
Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
WoW!!
Well researched and well written.
For the common citizen, this is a wake up call.
However, it would be helpful to know if multiple suppliers would bring in the advantage of back ups or simply spread the risks too thin – but still high risk.
Also, does India defence have the financial muscle to have multiple suppliers for what are basically closed, highly sensitive and secretive platforms?
Finally, don’t other countries also have the same problem of limited suppliers for cutting edge defence equipment?
BTW, paisa vasool for this write up. Pays to pay for The Print.
WoW!!
Well researched and well written.
For the common citizen, this is a wake up call.
However, it would be helpful to know if multiple suppliers would bring in the advantage of back ups or simply spread the risks too thin – but still high risk.
Also, does India defence have the financial muscle to have multiple suppliers for what are basically closed, highly sensitive and secretive platforms?
Finally, don’t other countries also have the same problem of limited suppliers for cutting edge defence equipment?
BTW, paisa vasool for this write up. Pays to pay for The Print.