October 14, 2019
Since 2014 India has been the fastest-growing economy in the world, surpassing China and maintaining an 8% GDP growth rate every year. India’s pace of economic growth has been at least 6% per annum since 1991, and with the second largest population in the world, coupled with a growing middle class, you would be forgiven for thinking that one of the world’s fastest-growing aviation markets had a more positive outlook.
With the bankruptcy of Jet Airways earlier this year, and Kingfisher Airlines having their air transportation licenses revoked in 2012, the past decade has seen two of India’s major players fall by the wayside. Incredibly, that leaves India with ... read more
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