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Tuesday, December 24, 2024 | 04:36 AM ISTEN Hindi

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Crash landing

Engines are not the only problem for Go First

Go First
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Business Standard Editorial Comment Mumbai

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The bankruptcy filing of Go First airlines highlights the inherent stress in the civil aviation industry. India is the world’s third-largest aviation market, and is expected to grow quickly through the next decade. It will be fuelled by economic growth and the reach has been expanded by the Regional Connectivity Scheme. The sector employs roughly 4 million people and Indian carriers have over 1,100 planes on order with deliveries of 100-odd new planes expected annually. But the environment of high operational costs and supply-chain issues has left the airlines struggling. They suffered massive losses when the pandemic was at its

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