Signalling industry-wide slowdown, DGCA had said that airlines would operate just over 23,000 weekly domestic flights during the summer schedule starting 29 March.
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Nearly 4,500 IndiGo flights were cancelled during the operational crisis, according to the findings of a Directorate General of Civil Aviation investigation.
Govt-appointed panel found multiple violations of aviation regulations & deficiencies in airline’s operational planning, crew management and oversight mechanisms.
Companies should not unnecessarily increase fares to increase their profits and should adhere to aviation regulations. The need today is to issue licenses to new players.
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.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
History often arrives draped in marble, poetry, and romance, while concealing its scars beneath silk. Monuments may dazzle the eyes, but chronicles often unsettle the conscience.
Shares of Gautam Adani's nine companies have bounced back strongly after the 2023 Hindenburg report, helped by rising investor confidence, easing legal troubles and India’s infrastructure growth.
Going by current timeline, five prototypes of India’s own 5th-gen fighter are set to be rolled out by 2031. The 1st prototype is expected to be rolled out by 2029 using GE F414 engine.
An oil shock, monsoon fears, rampant unemployment, and the seeming inevitability of inflation are common to both eras. Indira Gandhi’s self-destructive responses are instructive today.
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