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Aviation | Rushing in where angels fear to tread

The aviation sector in India has been a graveyard of fortunes and dreams, but its fatal allure continues to attract new players

September 30, 2021 / 08:33 AM IST
Aviation | Rushing in where angels fear to tread

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Going by all the bullish statements and flurry of action taking place in the Indian aviation sector, you would never think that this is one business that is currently in deep trouble. In 2020-21, the airlines have cumulatively lost Rs 15000 crore plus and in the coming year, some analysts estimate that they could lose a similar, if not even larger amount.  The current troubles have much to do with the COVID pandemic, which has not yet been fully...

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