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Aditya Kalra
@adityakalra
Reuters journalist. Editor, India Company News. Sector agnostic. Decoding secret business strategies. Deeply reported + investigative journalism. Opinions mine
参加 October 2009
618 フォロー中    14.2K ファン
Air India in deep crisis. Foreign airlines are seizing the moment... While Air India Limited battles the Iran war, soaring jet fuel prices and Pakistan's airspace ban, a quiet redistribution of one of aviation's most coveted markets is underway. A Reuters data analysis tells the story starkly: ✈️ AI cut 18% of international flights in March-May ✈️ Its U.S. routes collapsed 77% ✈️ International flying brings 60% of AI revenues The timing couldn't be worse. Tata Group's entire turnaround bet was built on making Air India a credible global carrier -- new widebody jets, upgraded cabins, nonstop links to Europe and North America. As BAA & Partners' Linus Benjamin Bauer put it: "The war has attacked every leg of Air India's transformation plan." But, someone's loss is someone's gain. Swiss International Air Lines doubled its Delhi-Zurich frequency and says its India flights are "already largely fully booked." Lufthansa lit up Mumbai's iconic Sea Link bridge with its name in a laser display as it lures Indians. Cathay Pacific and KLM Royal Dutch Airlines are scheduling far more flights out of India. Foreign carriers now hold 58.4% of India's international flying -- up from 51.2% a year ago. The world's fastest-growing aviation market is clearly reshaping. Air India is losing ground, foreign giants are winning. With @abhijithg4 @Jamie_Freed Read the data-packed analysis here.
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