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Why India's airlines fail to take off
News, Mihir Sharma, Published on 03/12/2018
» Anyone puzzled by how the Indian economy manages to grow swiftly while somehow failing to be prosperous could do worse than look at the state of India's airlines. Over the past four years, passenger growth in India has been rapid: The number of flights taken has increased between 15% and 20% per year. Demand growth this year is likely to be the highest in the world. Yet the industry itself hasn't benefited. Almost every Indian airline is struggling.
China's carrier should worry India
News, Mihir Sharma, Published on 27/04/2017
» The launch of China's second aircraft carrier this week is an important and depressing moment for India. The "Type 001A" -- likely to be named the Shandong -- will give China an edge for the first time in the carrier race with its Asian rival, a literal two-to-one advantage. After decommissioning the INS Viraat earlier this year, the Indian navy is down to a single carrier, INS Vikramaditya. Worse, the Shandong has been built at China's own giant shipyard at Dalian; Vikramaditya is merely a re-purposed 1980s-era Russian carrier formerly known as the Admiral Gorshkov.