EXTERNAL FORCES SHAPING THE FUTURE OF THE AIRLINE INDUSTRY

EXTERNAL FORCES SHAPING THE FUTURE OF THE AIRLINE INDUSTRY ripe a social class later, at the age of 52, Gopinath began return in south India with a leased 48-seater, $10 zillion in investment and a conviction that Indias burgeoning middle class, which was already buying color TVs and cell ph whizs, would buy melody tickets. Barely ii years into its operation the no-frills airline, descent Deccan, has grown from one aircraft to 19 and from one daily feather to 123. It has placed a $1.1 billion modulate with Airbus and will force an aircraft a month for the next 64 months.

In its early full year of operation, ending in March, the company flew 1 million passengers and had revenues of $75 million. Projected revenue for this year: $250 million. Also, in 2004 the company brocaded $40 million in underground equity from ICICI hazard Funds Management, Indias largest private- equity player, and Capital International, an ramification of the huge Los Angeles funds manager Capital Group. Air Deccan is feeling to go publ...If you require to get a full essay, order it on our website: BestEssayCheap.com

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