Tuesday, May 22, 2007

AN AVIATION BOOM? OR CRASH, BOOM, BANG?!

“I have good news and I have bad news; what would you like to have first?” goes the classic Clint Eastwood line when he enters a Wild West bar, before he goes on to shoot almost everybody with his rifle (which is the bad news) and his revolver (the good news). Indian aviation doesn’t seem far behind this example. For starters, the Indian aviation sector thundered up at a sensational 27.9% during 2006 (Jan-Dec). If that sounded stunning, digest this – passenger volumes in Indian airways grew by an annual figure of an incredible 45% during just the first six months of FY 06-07? And that when international passenger traffic clocked a growth of just 15% during the same period!

For Complete IIPM Article, Click on IIPM Article


Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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