Hyderabad: The Indian aviation industry will overcome the current crisis and things will soon return to normal, said a top official of Emirates, the Dubai-based international airline.
According to Orhan Abbas, Emirates' vice president (India and Nepal), even the short-term outlook for Indian aviation is good and positive.
"The pie here is big. India is a growing country. They have learnt to survive every crisis and they will survive this also," Abbas told reporters here Wednesday on the sidelines of a ceremony where Emirates signed a sponsorship deal with Indian Premier League (IPL) franchise Deccan Chargers.
Abbas pointed out that unlike many other countries, India stood strong in the midst of a financial crisis.
"We saw the load factors not dropping while there was a financial crisis. It is an indicator. When India could overcome that storm, it can overcome any storm," he said when asked about the financial crisis faced by several Indian airlines.
Asked if Emirates would expand its operations by taking advantage of the current situation, Abbas said: "I don't think we will ever take advantage of bad times for anybody. We hope the best for all Indian airlines. We wish them success and luck."
28/03/12 IANS/Economic Times
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