Image Credits: Unsplash
Image Credits: Unsplash
There have been several Indian airlines that have faced financial difficulties and have gone bankrupt over the years.
Image Credits: Unsplash
To succeed in the Indian aviation industry, airlines must be able to navigate challenges and adapt to changing market conditions.
Image Credits: Unsplash
The Indian aviation industry is highly competitive, with several players vying for a share of the market.
Image Credits: Unsplash
1. Kingfisher Airlines Launched in 2005, it was forced to shut down operations in 2012.
Image Credits: Unsplash
2. Jet Airways The airline that operated for over 25 years had to suspend operations in 2019.
Image Credits: Unsplash
3. SpiceJet They faced financial difficulties on multiple occasions in 2014 and again in 2019. However, it's still functioning.
Image Credits: Unsplash
4. Air Pegasus A regional airline in South India had to suspend operations in 2016.
Image Credits: Unsplash
5. Air Costa A regional airline that had to suspend operations in 2017.
Image Credits: Unsplash
These are just a few examples of Indian airlines that have faced financial difficulties and have gone bankrupt over the years.