The domestic airline industry in India is operating at a loss and their combined loss is estimated to be at $1.7 billion in 2014. This may increase further if the price war continues and expenses are not reduced
AK RAMDAS
It is reported in the press that Ashok Gajapathi Raju, Civil Aviation Minister, in the last four weeks has cleared and given no objection certificates (NOCs) to Air One Aviations Pvt Ltd, Zexus Air and Premier Air (who plan to operate nationally) while Turbo-Megha, Air Carnival and Zav Airways plan regional operations.