Monday, May 15, 2023

Lessons from Go First crisis — setback temporary, but cash-guzzling sector unforgiving to airlines

New Delhi: India’s aviation industry has seen contrasting developments in the past few weeks. Towards the end of April, it soared to new heights, achieving the highest-ever single-day domestic air traffic. Just a few days later, budget airline Go First filed for insolvency in a surprise move. While experts feel that the Go First insolvency will not hinder the country’s aviation growth story, thanks to the robust demand and strength of the Indian economy, the industry continues to battle numerous hurdles. Read what they are >>

To Read the News in full at Source, Click the Headline


Post a Comment