FlyerTalk Forums - View Single Post - Any idea why Tata or Reliance group is still not in Airlines business?
Old Oct 5, 2011 | 12:53 pm
  #6  
mohitmadaan
 
Join Date: Apr 2011
Location: DEL
Posts: 292
Originally Posted by zoonil
Why would they? Airline business in this environment is a pure money loosing proposition.

Question: How do become a millionare?
Answer: Start by being a billionare and buy an airline company!
We all know this famous joke and i agree part of that is true because this business needs alot of capital and its all risk to reward ratio. You make big or you loose big, pretty straight but come on... Are you telling me all these private airlines in Indian domestic market are not making money and they don't have good solid growth plans for next 10 years in place? I am just trying to understand being one of the most successful groups in India, Tata can do a great job at winning customers loyalty in a short run.
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