India’s biggest airline has been outpaced by SpiceJet in the expansion of services to smaller cities and towns. But it may yet turn out to be the tortoise of the race.
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The Ajay Singh-led airline may have claimed it has turned profitable, or has a positive net worth for the first time in a decade, but a closer look suggests otherwise.
The past two months have seen the founder and chief executive of the low-cost airline battle intense regulatory scrutiny and suspension of senior executives. While a smart management move has brought some peace, the airline’s troubles are far from over.
Since the two companies operate in completely different sectors, the argument of trademark infringement will be hard to prove, unless merchandise is involved.