After witnessing a really bad slowdown, the Indian aviation industry is poised to consolidate on the recovery it saw in the second half of 2009 and the key to the recovery is revenue optimisation by adjusting capacity, improving efficiency and network expansion through global alliances, a FICCI-Ernst and Young report has said. While in the short run, the industry was likely to continue making losses because of over capacity, high fuel prices and increased borrowing costs, the long term picture is relatively bright.
Aviation sector to revive in long term
After witnessing a really bad slowdown, the Indian aviation industry is poised to consolidate on the recovery it saw in the second half of 2009 and the key to the recovery is revenue optimisation by adjusting capacity...
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This article was first uploaded on March five, twenty ten, at ten minutes past twelve in the am.