The year 2018-2019 has been a nasty year for Indian Aviation as the markets slashed big time having a direct impact on economy and employment. With the rising price in Aviation Turbine Fuel (ATF), and the fluctuating dollar airlines had a worst balance sheet for 2018-19. Jet Airways, Air India, SpiceJet, IndiGo, Vistara and Air India had a major blow. With the closure of Jet Airways, India’s premium airline having a fleet of 120+ aircraft including the Boeing 737 MAX […]
