Mumbai/New Delhi: Captain GR Gopinath, the man who sold the dream of 'flying' to the ordinary Indian with his Simply Fly Air Deccan, is finding it tough to launch another mainline Indian carrier as the civil aviation ministry remains unconvinced about the need for another airline in India's crowded skies.
A top civil aviation ministry official, who preferred anonymity, told ET that the government is skeptical about issuing a fresh licence to Gopinath as a new airline will trigger a price war, jeopardising the viability of the existing ones.
"This industry needs deep pockets. There's lack of clarity on how he will fund his venture," a senior official from the aviation ministry, who declined to be named, said.
10/01/13 Manisha Singhal & Anindiya Upadhyay/Economic Times
