Global Economic Slowdown and Aviation Industry in India

Global economic slowdown reflects the impression ofwhole scene is changed and the airline postponed
hard time in airline sectors of India too. The mosttheir decision of including new air crafts in the airline.
popular airlines (Jet Airways, Kingfisher Airlines) whichWhat is the reason behind this whole scene? Has the
providing their operations in India are facing a toughnumber of customers for various airline flights
time in festive seasons. The situation had become sodecreased? Have the airfares of various airline flights
worse that the management of various airlinesgo down? Which are the factors which reduces the
services was forced to begin sacking of theirnet profit of various airline flights services? These are
employees as the aviation industry facing big loss.the common queries which strike in brain of normal
The whole world witnessed the dramatic scene ofhuman beings.
firing of 1900 employees of Jet Airways those wereGlobal economic slowdown may be one of the
taken back under the political pressure. Kingfisheranswers of all these questions which contribute its
Airlines which is principal rival of Jet Airways alsorole to create this scene in India. The various airlines
declared some deduction in their number ofblame the high cost of air fuel in this year in India as
employees.compared to the rest of the market. As the aviation
The situation forced to sign an operational alliancesector was growing last year in India. The various
between these two airline flights Jet Airways andairline flights to India were competing in providing
Kingfisher Airlines. Just a few days ago all things weremore facilities and deduction in air fares to attract
going well. Kingfisher Airlines had demanded for newthe maximum number of air travelers.
air crafts also a few days ago but all of sudden the