The Industry is not in red and not likely to make loss. The profiot is coming down. So it is certain that the government is not killing the industry, but their greed is.
Re: Imagine
by Merwyn Mendonca on Jun 07, 2011 11:19 PM
You are wrong. This is figur is internationally. That means in India except Indigo & Jet most of the airlines will make losses.
Indian govt. still considers air travel as LUXURY;but the fact is that it is not true for economy class. Taxes must be reduced @ least at economy level.