One of the first Asian airline firms was Air India, which was founded as Tata Airlines in 1932, a division of Tata Sons Ltd. (now Tata Group). The airline was founded by India’s leading industrialist, JRD Tata. R. D. Tata himself flew a single engined De Havilland Puss Moth carrying air mail (postal mail of Imperial Airways) from Karachi to Bombay via Ahmedabad.
Southwest Airlines, JetBlue, AirTran Airways, Skybus Airlines and different low-cost carriers started to symbolize a serious problem to the so-known as “legacy airlines”, as did their low-value counterparts in lots of other countries. Their industrial viability represented a serious competitive risk to the legacy carriers. However, of these, ATA and Skybus have since ceased operations.
Through the ATSB Congress sought to offer cash infusions to carriers for each the cost of the four-day federal shutdown of the airways and the incremental losses incurred by way of December … Read MoreRead more