Unhappy flight
While informing the Rajya Sabha that Indian air carriers are expected to have incurred R10,000 crore of losses in 2011-12, the civil aviation minister Ajit Singh said that an inter-ministerial working group has been constituted to identify the causes and solution for the country’s civil aviation crisis. Indeed, all airlines but the low-cost carrier IndiGo have been making losses—Kingfisher hasn’t posted a profit since its launch in 2005 and Air India since its Indian Airlines merger in 2007.
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