Opinion | The Indian aviation sector’s many problems
Despite the market's breakneck expansion over the past decade and a half, the growth of Indian carriers has often been profitless
The Indian aviation sector is a conundrum. Its brief summer, starting with the civil aviation policy in 2003 and lasting until the financial crisis, has the patina of another era. The periodic rough weather since speaks of fundamental problems that have persisted since the post-crisis bloodbath. Jet Airways’ current troubles are no outlier in this respect. The kicker is that the aviation market has seen a long spell of unprecedented growth. How can the two go together?