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Analysis: After Jet Airways crisis, is India still on track to become world's third largest aviation market by 2024?

Updated : May 07, 2019 08:57 PM IST

The growth in air travel demand started nosediving since January amid shrinking capacity and sky-rocketing fares resulting in stagnation of growth in March.
The most disruptive change has been the sudden "temporary" closure of the country's second-largest airline in what seemed to be a piecemeal manner.
As domestic carriers brace themselves ahead of March quarter earnings, a long-term razor-sharp strategy will play a crucial role in the survival and growth of players amid blurring lines between full-service carriers and low-cost airlines.
Analysis: After Jet Airways crisis, is India still on track to become world's third largest aviation market by 2024?

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