India's airline industry struggling to stay aloft

The mounting debts carried by India's airline companies due to inefficient operations has pushed the domestic aviation industry to the edge.

Five out of six Indian carriers are bleeding money.

Now the government is considering a proposal allowing foreign airlines to buy stakes of up to 49 per cent in India's airlines.

Mounting debt burden on all India's airline companies due to impractical and inefficient operations has pushed the domestic aviation industry to the edge.

Five out of six Indian carriers are bleeding.

Now the government is considering a proposal allowing foreign airlines to buy stakes of up to 49 per cent in India's airlines.

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