(Bloomberg) -- Mergers and buyouts are ending
India's cutthroat airline competition, and with it the 2-cent
ticket wars that lost the industry $500 million last year.
The carriers say rising fares will boost profits in an
aviation market set to be the world's fastest-growing through
2025, after Jet Airways (India) Ltd., the biggest domestic
airline, bought a rival and a competitor acquired a stake in
Deccan Aviation Ltd., the second-largest.
Read more at Bloomberg Stocks News
India's cutthroat airline competition, and with it the 2-cent
ticket wars that lost the industry $500 million last year.
The carriers say rising fares will boost profits in an
aviation market set to be the world's fastest-growing through
2025, after Jet Airways (India) Ltd., the biggest domestic
airline, bought a rival and a competitor acquired a stake in
Deccan Aviation Ltd., the second-largest.
Read more at Bloomberg Stocks News
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