IndiGo's latest flight-delay fiasco suggests the Indian aviation sector competitive and hostile environment", fear analysts. With three new players Air India under its new management, Rakesh Jhunjhunwala's Akasa Air, and Jet Airways trying to find its wings vying for pilots and cabin crew staff, incumbent players are set to witness ballooning employee costs, along with elevated margin pressure.
"The pain will be felt by IndiGo, SpiceJet, and Go Air. The by-product of increased cost and margin pressure is a given. The situation is inevitable," says Deven Choksey, managing director, KR Choksey Investment Managers.
Last week, over 50 per cent of the flights operated by IndiGo got delayed after a large number of cabin crew members of the airline did not report for duty. Reports suggest the staff went for job interviews - likely for Air India.
They reported sick five hours before departure, throwing the airline's operations out of whack. Tata-owned Air India, Jet Airways, and Akasa Air are in the middle of a massive recruitment drive, suggest reports.
この記事は Business Standard の July 05, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
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この記事は Business Standard の July 05, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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