Such an airline would still need to work hard to escape its legacy of losses — but it would at least have a chance to become a robust global aviation player.
IndiGo and SpiceJet had moved top court after Meghalaya High Court put airlines on notice over flights connecting Umroi airport near Shillong to metros.
While India has experienced 46 consecutive months of double-digit passenger growth, a protracted fare war has driven ticket prices so low that most airlines can hardly cover costs.
Facing competition from airlines like IndiGo, GoAir, and SpiceJet, the airline is facing the probability of failing to repay its obligations next year.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
What an utterly catastrophic idea. Mrs. Gandhi could not have thought up something better in 1969.