Indigo seems to have encountered severe turbulence as the fight between the co-founders has now become very public. There have been accusations, counters and name-calling. The issues highlighted range from related party transactions (RPTs) to those of governance. And for an airline that now flies one in every two passengers in the Indian skies, is on a solid financial footing, …
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In a sea of ill-conceived rules governing Indian commercial airlines, the 5/20 rule, which requires Indian carriers to wait five years and have a fleet of 20 aircraft before they can fly the lucrative and profitable international routes is one of the worst. No such restriction applies to the foreign airlines flying IN to India. The newcomers Tata-SIA Vistara and …
Read More »A few days ago, Mr. Rahul Bhatia, co-promoter of Indian low cost carrier IndiGo, stated in public, grievances, that many in the Indian airline industry believe in private. That the government is not behaving in a fair manner and keeping alive national carrier Air India on life support with massive bailouts of public money, preferential treatment in route allocation, etc. …
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