Letter to BS: Civil aviation industry is passing through most complex phase

The civil aviation industry in India, for about a decade now, is passing through the most complex phase. Many players have fallen like a pack of cards, unable to meet their debt obligations owing to a variety of reasons. That is serious and does not augur well for the industry and the country. The latest on the list is the cash strapped Jet Airways that has announced a temporary shutdown of its operations after the lenders thoughtfully turned down the airline’s demand for emergency funding. 

It may be stated here that, to give a boost to the domestic aviation sector, the