And if the passenger load factor of the worldwide industry is estimated at 82.1 per cent — almost all Indian airlines are comfortably above that number — why are Indian carriers struggling so hard to nudge up their profitability ratios? Take the example of Jet Airways. This is the problem at the heart of the Indian airline industry, which has bedevilled its profitability. The Indian aviation industry is one of the most regulated sectors in the country. The founder of Jet Airways, Naresh Goyal, was allegedly propped up by a scheming world of crony capitalism.

Source: The Telegraph April 21, 2019 04:30 UTC