PPRuNe Forums - View Single Post - Is the Indian Aviation market about to crash?
Old 26th Apr 2007, 07:13
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teghjeet
 
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Pls do not resort to bickering.
There are lobbies in this contry aligned on lines of Religion, Nationalities, Legacy cariers, Military etc, and maybe amongst them a few along caste lines. The Brits left a policy of Divide and Rule along with the beaureaucracy, etc.

As regards companies folding, Indus folded bcoz he did not pay the lease company which approached DGCA that they would take the ac back, which the regulator granted.
There is another one which is MDLR with the BAE 140 which may collapse. IMHO no real MArket for a 4 engined small jet. Along with Jagson Airlines a n operator having DO 228 w/O autopilot, (What will the Pilot do if we have an auto pilot??? fm Mgt) That is bcoz of shortsightedness of Owners/ Mgt who siphon the funds, show losses to negate TAx liability and then fold quietly.
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