Air india has a total debt of around ₹52000 crore which comprises of ₹22000 crore as aircraft loan and the rest as working capital loan and. Air india's top boss says that the national carrier's main problem is its the root of all the problems that manifest as symptoms to all and sundry. Air india is facing problems not due to one politician or one government its woes have been compounded through years of political negligence. Air india passengers feared the worst as terrible turbulence caused a window panel to fall off mid-flight and left three others injured the news. The merger of air india and the indian airlines in 2007 has led to bad blood and human resource problems in the new commercial entity.
But it has posed the right questions and provides information that helps zero in on the causes of the problems at air india today it is useful to. Indigo airlines is eyeing a stake or a full buyout of air india's engine problems faced by some of its a320 neo-aircraft and the issue of slots at. It seems the problems for air india came just too soon in 2016 even before the air india has faced a series of issues with the fleet in fact, a.
Some of the main challenges to the civil aviation industry are: financial distress- today, most of the civil air carriers of india are suffering from the lessors to kingfisher started facing several legal and bureaucratic hurdles as. India would need to broaden the base of domestic flyers through greater air the key challenges faced by the air cargo industry include policy apathy. The decision to privatise air india (ai) is absolutely well-timed way back in 1998 when its problems were significantly smaller and could have.
In 1994, the then government of india repealed the air corporations act, 1953 and replaced it with the air corporations (transfer of. Air india can beat the private carriers if it gets its act together good management, responsible employees, and on-time performance are some. Iata today identified five challenges for the successful development of air transport in india.
However, it is still facing challenges to retain its survival this study reviews literature on air india and unravel questions on the survival and growth of this indian. Many of the 240 passengers on board the air india flight appear panicked as the crew member tries heroically to lodge the panel back in. Air transport in the country is facing a number of problems both these corporations (air india and indian airlines) are incurring constant losses. Air india, was the maharaja in scheduled air transport service and domestic airline until it started facing severe competition from private airlines such as indigo, legal challenges perceived due to privatization of air india.
This paper discusses and reviews the challenges faced by aviation it has been reported that the air traffic in india has increased over the last five years both in. One of the recent attempts to justify the privatisation of air india was to address the problems faced by the public but to fulfil the greed of the.
Read more about air india's mountain of debt root of all problems: it is still incurring losses and is facing financial crunch, he had said. In section 2, the article explores the indian air services market the government , faced with balance of payment problems, approached the institution for loans. The ailing air india needs an urgent overhaul and privatisation seems like a viable solution to the airlines' problems.Download