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Why investors are shying away from Indian airlines

Updated : March 12, 2019 12:25 PM IST

Airports are bursting at the seams and there have been four years of consistent double digit growth but investors are shying away from Indian airlines.
Much of the cash flow for airlines is generated by forward sales, but this could backfire in times of distress.
Low-cost airlines in India have adapted the low-cost model from Southwest Airlines, but they have not quite copied the culture – which is a core element of success.
Why investors are shying away from Indian airlines
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