Tata Group’s interest in purchasing Jet Airways may be a 'step in the right direction', although it won’t transform overnight an industry fighting to cover costs.
Driving an electric vehicle for months, the Hyundai IONIQ5, BMW iX and now the Kia Carens Clavis electric, has convinced me of the viability of EVs for city and mid-range commutes.
With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
Tatas would be well advised not to view this opportunity to make a full blooded entry into civil aviation – something they have long coveted – in emotional terms. They would be paying the same price for aircraft and ATF as Naresh Goyal, face the same price conscious flyer. Difficult to see how anyone could improve dramatically over the way Jet Airways has always been run.
Tatas would be well advised not to view this opportunity to make a full blooded entry into civil aviation – something they have long coveted – in emotional terms. They would be paying the same price for aircraft and ATF as Naresh Goyal, face the same price conscious flyer. Difficult to see how anyone could improve dramatically over the way Jet Airways has always been run.