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Graffiti: Aviation industry witnesses turbulent times

Graffiti: Aviation industry witnesses turbulent times

The aviation sector in India has destroyed more value than any other industry in recent times. Business Today decodes the Black Box.

(Illustration: Ajay Thakuri)
(Illustration: Ajay Thakuri)

The aviation sector in India has destroyed more value than any other industry in recent times. Many airlines have shut down while several are in the red. Undeterred, new airlines such as AirAsia and Vistara have joined the crowded air space. BT decodes the Black Box.

Big numbers
Big numbers

Losses
Losses in aviation sector

Grounded
Grounded airlines

Dipping traffic
Dipping traffic

Costs go up but there is a ray of hope
Costs go up but there is a ray of hope

(Graphic by: Anand Sinha; Research by: Jyotindra Dubey and Niti Kiran)