Mumbai: The aviation industry has hit turbulent times, the reasons being rising fuel prices, airport service charges and a fall in tourist numbers.
At the crux of the problem is the country's aviation policy.
Go Air's MD Jeh Wadia says India needs to do a major rethink on its aviation policy to kickstart the sector's growth.
Aviation in India is struggling to grow. Many airlines are cash strapped and there's a very expensive aviation fuel regime.
This is squeezing the profits of budget airlines.