FedUp2

Air India’s loss for 2013 exceeded the Indian government’s entire higher education budget

So claims this very interesting blog post. If the facts cited are correct, it is a very succinct analysis of the aviation scene in India today, although it omits the downgrading of DGCA. I found it to be a good read, notwithstanding the protests of a well known member of this forum and blogger.

Keyser

i wonder who that could be????

Mr. Bean

This is the source:

http://online.wsj.com/public/resourc...PAaviation.pdf

Page 37

Note that it is estimated losses. As far as I can tell, AI has not released its 2013 financial report yet.

http://www.airindia.com/AnnualReport.htm?14

PVDtoDEL

I think A2A was generous to term this post "analysis" in his criticism. A list of airlines that are performing poorly in India (read: all of them) doesn't provide any insight into why they are doing poorly now and what may return thrm to profitability. High taxes, a weak economy, an unfavorable exchange rate, beaurocratic ineptness, political shenanigans, chronic mismanagement, etc. are all factors at play.

The aviation sector is merely a reflection of the overall economy and political system. Perhaps this statistic tells us more about the education budget than it does about airlines. Then again, thanks to corruption, it is doubtful that most of that money will reach education or airline operation, and the funding probably tells us more about which areas it is easier to skim from.