How many IITians does it take to fix Indian aviation? - 0 views
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ronald lee on 02 Nov 09Although there have been very few profitable years in the lifetime of the global aviation industry in both absolute and relative terms, the industry is indeed going through its toughest year ever. Airlines in India posted cumulative losses of about $2 billion (Rs9,400 crore) in the last fiscal ended March. Air India reportedly lost $1.1 billion on revenue of $3 billion and is expected to lose around $1.2 billion this year too if corrective