GoAir suspends some flights on delay in aircraft, engine deliveries; airline apologises to flyers for inconvenience
In November and December last year, GoAir had cancelled dozens of flights due to delay in aircraft deliveries and non-availability of engines.
India's overall growth was "too much" driven by domestic demand, which resulted in double digit growth of imports, and 4-5% growth in exports
Icra assigns negative outlook to domestic airline industry; passenger traffic growth to remain healthy
This high growth was initially propelled by low jet fuel prices and later due to the excess capacity in the market, which have forced the airlines to keep fares low and deal with competition.
The Economic Survey tabled in parliament is more optimistic in tone than others in the recent past. It sees "creative incrementalism" as the route to reforms and raising GDP growth to double-digits. One-shot big bang reform is not needed