Indian Aviation- India is no picnic
Neelam Mathews July 23, 2012 Having just returned from the Farnborough Air Show, I must confess there were a few moments when questioned about the happenings on Indian aviation, it was difficult to put on a brave face. Today the world is in a capsule and it is amazing how much outsiders know about our inside going-ons. The major topic of discussion is ofcourse, our once five star airline, Kingfisher. “How can it survive? How come your government doesn’t shut it down? Don’t your laws protect people working in a company close to bankruptcy? Insurance rates are high and investors now have little confidence? What about FDI? Which airlines are up for grabs? Most queries to which one has few answers. Almost being a month away, I came back to hearing more depressing news- the DGCA had been fired, Kingfisher had more pilot issues and was now flying with barely 10 aircraft (couldn’t confirm this) and fares have touched the skies. A businessman flying to Bangalore ...