As Indiaâ€™s airlines recover, new aircraft are ordered and opportunities arise
Resilient domestic demand is supporting a resumption of aircraft ordering by Indian airlines, a bounce-back after three years of distress. Indiaâ€™s airlines were among the most active in big fleet orders early in the decade, particularly in long-haul transports, and the market was a nursery for startups. But Indian carriers struggled with market overcapacity by the time the recession began gripping the industry in late 2008. The combination of their own over-reach, poor management ...
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