Is the Tata group’s love for aviation blind?
Jet Airways acquisition will increase Tata Group's aviation market share to 24%which is good, but questions on profitability remain
A recession is when you have to tighten your belt; depression is when you have no belt to tighten. When you’ve lost your trousers—you’re in the airline business," said Sir Adam Thomson, founder of the private airline, British Caledonian. Closer home, Vijay Mallya, once nicknamed “India’s Richard Branson", was brought low by the failure of Kingfisher Airlines.