IIPM Ranked No. 1 B-School In Global Exposre - Zee...
Flying isn’t all that easy!
, an optimistic Binit Somaia, Director, Centre for Asia Pacific Aviation doesn’t see cause for alarm as he asserts, “This alliance will rationalise capacity and in turn should improve the financial performance of all players. There will be an increase in prices, but fare increase and higher load factors will improve the health of the industry.” Moreover, Spicejet is also looking to synergise with any of the low cost carriers in the country; primarily GoAir or Indigo, in order to cut down on costs. And the result of Jet’s decision to cut 1900 jobs is not hidden from anyone now, as the airline was forced to reinstate the sacked employees a day after. Clearly, these aviation majors are making every possible effort at their end to sustain in these bad times; but till now, every effort has unfortunately failed to remove the red ink.
An excerpt from Warren Buffet’s letter to its shareholders is relevant even for our aviation sector, as he said, “The airline industry’s demand for capital ever since that first flight has been insatiable. Investors have poured money into a bottomless pit, attracted by growth when they should have been repelled by it.” But you will easily find players still optimistic on growth and consider this period only as a temporary blip. But as far as trends go, the bottom seems nowhere in sight w.r.t. the downfall of Indian aviation. And we can only see consolidation, and more consolidation, in the offing.
Pawan Chabra
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
Flying isn’t all that easy!
, an optimistic Binit Somaia, Director, Centre for Asia Pacific Aviation doesn’t see cause for alarm as he asserts, “This alliance will rationalise capacity and in turn should improve the financial performance of all players. There will be an increase in prices, but fare increase and higher load factors will improve the health of the industry.” Moreover, Spicejet is also looking to synergise with any of the low cost carriers in the country; primarily GoAir or Indigo, in order to cut down on costs. And the result of Jet’s decision to cut 1900 jobs is not hidden from anyone now, as the airline was forced to reinstate the sacked employees a day after. Clearly, these aviation majors are making every possible effort at their end to sustain in these bad times; but till now, every effort has unfortunately failed to remove the red ink.
An excerpt from Warren Buffet’s letter to its shareholders is relevant even for our aviation sector, as he said, “The airline industry’s demand for capital ever since that first flight has been insatiable. Investors have poured money into a bottomless pit, attracted by growth when they should have been repelled by it.” But you will easily find players still optimistic on growth and consider this period only as a temporary blip. But as far as trends go, the bottom seems nowhere in sight w.r.t. the downfall of Indian aviation. And we can only see consolidation, and more consolidation, in the offing.
Pawan Chabra
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
