A Need for speed

India’s skies are crowded with too many airlines (even after the crash-landing of several), carrying neither too many fliers, nor making too much money. Most, in fact, not making any money at all.
And all of them are running scared, for next year will see the entry of new airlines, guaranteeing poaching of passengers, not to speak of staff (mainly pilots, not a very populous tribe in India, anyway). Be ready for the worst kind of aerial dogfights in which the downing of a few more carriers is very likely.
Everyone knows India is market full of promises. The civil aviation ministry never fails to tom-tom that by 2020 India will have the third largest aviation market with 336 million domestic and 85 million international passengers, and $120 billion invested.
Where do we stand today? Between January and November this year, airlines carried 55.8 million passengers, a traffic growth of 4.52 per cent over the same 11 months last year. In November domestic carriers flew 5.14 million, just 2.33 per cent more than in the same month last year. Those are official data from the directorate-general of civil aviation.
Read news in full 20/12/13 mydigitalfc.com