Kingfisher, Jet, Go First, Akasa Air: Lessons from India’s dead airlines
Kingfisher, Jet, Go First, Akasa Air: Lessons from India’s dead airlines India's aviation industry has seen a number of airlines come and go over the years. Kingfisher Airlines, Jet Airways, Go First, and Akasa Air are just a few examples. While each airline had its own unique circumstances, there are some common lessons that can be learned from their failures. One of the most important lessons is that the aviation industry is a very competitive one. Airlines need to have a clear strategy and business model in order to be successful. They also need to be able to adapt to changing market conditions quickly. Another important lesson is that airlines need to be able to manage their costs effectively. Fuel, labor, and aircraft maintenance are all major expenses. Airlines need to find ways to reduce these costs without sacrificing service or safety. Finally, airlines need to have a strong customer focus. Passengers are becoming more demanding, and airlines need to be able to meet thei...