Why Do Airlines Fail In India? | GoFirst: The Latest Victim Of Indian Aviation Business

Despite India being in the third-largest and one of the fastest-growing aviation markets in the world, many airlines have failed in India. These airlines either collapsed or were sold due to financial crunch, debt, and mismanagement. Go First is the latest victim of the unforgiving Indian aviation market. So let’s have a look at a few airlines that flew too close to the sun, metaphorically, and got burnt.
#airlines #aviation #gofirst
Also Read
www.moneycontrol.com/news/bus...
www.moneycontrol.com/news/bus...
www.moneycontrol.com/news/bus...
Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools.
A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy.
Subscribe: bit.ly/moneycontrolyoutube
Follow us:
Visit www.moneycontrol.com/
Facebook: / moneycontrol
Twitter: / moneycontrolcom
Instagram: / moneycontrolcom

[@moneycontrol]

*Note: The correct spelling is 'Market' at the 0:07 mark. We regret the error.

[@mizterjay2]

Since 2014, no business has taken off in India. Unless something changes in 2024, stuff will remain the same.

[@a320TypeRated]

You made an absolute point, hope things will improve.👍

[@luzvimdavilela3767]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on the govt. Especially with the current economic crisis around the word. This is still a good time to invest in Gold, silver and digital currencies (BTC, ETH...

[@jeffjefferson9247]

Trust me they're awesome, they've managed my investment so well and my weekly returns are mind blowing

[@transparenttransportationl2985]

THEIR ARE VARIOUS REASONS WHY AIRLINES HAVE FAILED IN INDIA . IT IS GOING TO KEEP HAPPENING UNLESS FEW THINGS NEAD TO CHANGE .

[@abhijitbhattacharya1260]

You have forgotten NEPC Airlines. I have purchased a ticket from Bagdogra to Kolkata. But the flight never came from Kolkata. The Airlines hired a bus from Siliguri and sent us, who are willing, to Kolkata. That was the last of NEPC. But they refunded my money.

[@aryamehta007007]

Even budget airlines pay huge salaries to pilots and aircraft crew to another level and host in expensive hotels for layovers. How come they could survive it as a business. An average Indian looks at it as an upgrade over the train for 2 hours. They just want to get from point A to point B. If airlines had to get successful, they had to find pilots and crew who could manage with average Indian salaries. Since ATP doesn't have any alternative either, they have an alternative to buying planes from a local manufacturer. * Cut down crew salary to somewhere like loco pilots of Indian railways. * Cut down on crew accommodation. * Cut down on passenger amenities. * If possible, cut down on seat cushioning (for domestic routes) and size to fit more people. (If safety permits). * Instead of airlines, start behaving just as a mode of transit (you don't have competition with other airlines but Indian railways). Crew size is what makes railways expensive and air travel cheap. You don't have to build infrastructure in Air. * Railway is lacking supply to demand ratio in long distance commute. Airlines will always be upper edge for commute over 1000 km even if HSR get introduced.

[@Ab-ii4oc]

Cost optimisation is the key to success in Aviation and one requires supply chain analytics experts for the same , and in India we don't have the same

[@brownunboxer3833]

There is still hope for jet airways,but they are struggling to relaunch

[@amitnarayankar]

There was one damania airways

[@adishankars]

What about Damania airways? Never mentioned it.

[@Sudeep.Manerkar]

Dalmia*

[@JLAO-so5ro]

its not competition, its the f*** P&W engine issues

[@santoshpal6747]

In recent times, High crude oil price and Modi government has imposed high excise duty on ATF are the main reason of problems in lndian aviation lndustry. Also high level of corruptions (Both Govt. and private airline companies) and mismanagement of business owners are the main reasons of faliure of lndian aviation industry.

[@sriramnarayanaswamy7777]

Captions say "seized operations" instead of "ceased". And very low on actual content. Poor video.

[@rahul.s.r5485]

Will Tata able to get air india sustainable is remains to be seen given the high operating cost, VAT on fuel etc

[@drganesan62]

Paramount airlines, jagson airlines, nepc skylines,Archana airways

[@nileshsomaiya782]

MAXIMUM NUMBER OF AIRLINES MALING LOST ROUND THE WORLD

[@ladakhdiaries..3577]

Bring someone else..

[@mogamoga8448]

Jet a