Financial Status of Indian Carriers?
Thread Starter
Join Date: Jan 2007
Location: Over here & there
Posts: 380
Likes: 0
Received 0 Likes
on
0 Posts
Financial Status of Indian Carriers?
How stable are the major players in the Indian market? Especially Kingfisher, JetAirways, Spicejet, Deccan? I keep hearing how these airlines are losing money at an alarming rate. Is there a possibility that they can shut down in a year or two? Or do they have deep enough pockets to ride it out? Some of the FSC(Full service carriers) serve meals on very short flights and their fares aren't that high. Perhaps the LFC have a better chance of surviving the market
Join Date: Jan 2007
Location: 104E
Posts: 207
Likes: 0
Received 0 Likes
on
0 Posts
Indian Airlines
I was wondering the same thing regarding their losses. Maybe they have deep deep pockets...However, no matter how deep in the long run they must make money or they will no stay in business.
