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I am a tortoise, and I am here to run a marathon: Jeh Wadia

 
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Sid346744
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Joined: 01 Mar 2011
Posts: 5
Location: India

PostPosted: Mon Apr 16, 2012 11:11 am    Post subject: I am a tortoise, and I am here to run a marathon: Jeh Wadia Reply with quote

http://economictimes.indiatimes.com/opinion/interviews/i-am-a-tortoise-and-i-am-here-to-run-a-marathon-jeh-wadia-ceo-go-air/articleshow/12679885.cms

Nice Read....
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Nimish
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Joined: 16 Dec 2006
Posts: 9757
Location: Bangalore, India

PostPosted: Mon Apr 16, 2012 12:02 pm    Post subject: Reply with quote

An interesting read, the politics and policies of Indian aviation never cease to amaze me. It's a miracle we had a few good years (in terms of fares), but if the govt. continues this high taxation policy, it's certainly going to hurt consumers and businesses the most. And in turn hurt the economy.
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ameya
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Joined: 09 May 2007
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Location: Pune,Maharashtra

PostPosted: Mon Apr 16, 2012 12:06 pm    Post subject: Reply with quote

Unfortunately all sectors are being hit badly and the government is no mood to relent
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HAWK21M
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Joined: 19 Dec 2006
Posts: 8132
Location: Mumbai, INDIA

PostPosted: Mon Apr 16, 2012 1:16 pm    Post subject: Reply with quote

In that arguement if GoAir is a tortise.....then Bluedart/DHL Air is a slower tortise running a marathon.
but then its true.....slow fleet increase has its benefits.Finally its the profits that matter.
Hopefully the GOI make things easier.
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ameya
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PostPosted: Mon Apr 16, 2012 3:44 pm    Post subject: Reply with quote

Even for G8, only 2010-11 has been profitable, neither the previous ones nor the 2011-12
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