{"id":19248,"date":"2022-03-24T17:29:01","date_gmt":"2022-03-24T11:59:01","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=19248"},"modified":"2022-03-24T17:54:08","modified_gmt":"2022-03-24T12:24:08","slug":"a-merger-of-indian-airlines-led-to-the-downfall-of-a-national-carrier","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/03\/24\/a-merger-of-indian-airlines-led-to-the-downfall-of-a-national-carrier\/","title":{"rendered":"Aviation Minister : A merger of Indian Airlines led to the downfall of the national carrier"},"content":{"rendered":"\n

The merger of Air India and Indian Airlines, coupled with the unviable decision to purchase 111 new aircraft, donated to the downfall of Air India, says Minister of Civil Aviation Jyotiraditya Scindia.<\/strong><\/p>\n\n\n\n

“The merger of the two national carriers, along with the investment of new aircraft and the liberalization of bilateral rights are the reasons for the downfall of Air India,” Scindia told in the Lok Sabha on Wednesday.<\/p>\n\n\n\n

Minister of Civil Aviation Jyotiraditya Scindia <\/h2>\n\n\n\n
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Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n

The minister told how India\u2019s flagship carrier turned from being a profitable airline into a loss-making entity.”Before 2005, Air India was making a profit of Rs 15 crore per annum and Indian Airlines was making a profit of Rs 50 crore. <\/p>\n\n\n\n

These airlines were made to purchase 111 aircraft at a price of almost Rs 55,000 crore which pushed the national carrier into deep debts,” Scindia pointed out.<\/p>\n\n\n\n

Liberalization of bilateral rights, at a time when Indian air carriers could not fulfill it, resulted in the airline incurring a daily loss of Rs 20 crore.<\/p>\n\n\n\n

Also, read <\/strong><\/p>\n\n\n\n