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Blog Entry# 2212488
Posted: Mar 27 2017 (14:21)

8 Responses
Last Response: Mar 28 2017 (18:11)
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Mar 27 2017 (14:20)   India Overtakes Japan To Become Third Largest In Domestic Air Traffic

TheDarkLord~   56 news posts
Entry# 2212488   News Entry# 297793         Tags   Past Edits
NEW DELHI: India has become the third largest aviation market in terms of domestic passenger traffic, beating Japan, an industry report has said.
India's...

5 Public Posts - Mon Mar 27, 2017

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Mar 28 2017 (14:36)
A2Z~
A2Z~   17505 blog posts
Re# 2212488-6              
Dear friend, IR was back bone of Indian economy with majority its revenue more than the revenue from other sources. It had near monopoly over transport at the time of independence with 75% market share of national passenger traffic (90% of freight traffic). How ever, chronic mismanagement and political interference led to continuous erosion of its passenger traffic market share which is today as low as 10-20% (20-30% of freight traffic), with road sector (bus/other vehicles) snatching away majority of its market share.
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Now with severe onslaught of aviation sector, IR shall
...
more...
loose majority of its high revenue (AC class) passengers and may be relegated to a status of irrelevance to nation/ national economy.

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2 Public Posts - Tue Mar 28, 2017
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