The government has denied any plans to stall the operations of cash strapped avaition company Kingfisher Airlines. More concerning is the fact that it will alow the airline to be airborne, even if it means compromising the safety of passengers. Meanwhile the competitors of Kingfisher are looking to grab a share of its pie in the aviation space. As seen in today's chart, the likes of Indigo and Jet Airways that control 46% of Indian aviation space, can be key beneficiaries of some competition being grounded.
"ndia’s GDP grew by 5.3% in the fourth quarter of fiscal year 2012, recording its worst performance in last nine years. This slowdown in growth was primarily a result of high inflation, high interest rates and policy paralysis."
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