End of the Indian summer

Much-needed rationalisation comes to the Indian market

The raging, double-digit growth of Indian airlines came to a screaming halt last year, according to figures from the country’s Directorate General of Civil Aviation (DGCA).

Domestic passenger numbers, which had grown to 60. 6 million in 2011, moved into reverse gear in 2012, down 3. 04 per cent to 58. 8 million.