{"id":241160,"date":"2023-05-06T20:07:44","date_gmt":"2023-05-06T14:37:44","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=241160"},"modified":"2023-05-06T20:07:44","modified_gmt":"2023-05-06T14:37:44","slug":"symptomatic-stall-the-aviation-industry-needs-policy-changes-and-regulatory-overhaul","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/symptomatic-stall-the-aviation-industry-needs-policy-changes-and-regulatory-overhaul\/","title":{"rendered":"Symptomatic stall &#8211; The aviation industry needs policy changes and regulatory overhaul"},"content":{"rendered":"\n<p><strong>Source<\/strong>: The post is based on the article\u00a0<b>\u201cSymptomatic stall &#8211; The aviation industry needs policy changes and regulatory overhaul\u201d <\/b>published in\u00a0<b>The Hindu <\/b>on\u00a0<b>6th May 2023<\/b>.<\/p>\n<p><strong>Syllabus<\/strong>: GS 3 \u2013 Infrastructure: Energy, Ports, Roads, Airports, Railways etc.<\/p>\n<p><strong>Relevance<\/strong>: About the challenges faced by Indian commercial aircraft operations.<\/p>\n<p><strong>News<\/strong>: The Go Airlines, a low-cost carrier, became India\u2019s first domestic airline since the outbreak of the COVID-19 pandemic to go into a mid-air stall and seek bankruptcy protection.<\/p>\n<h2>What are the reasons behind Go Air\u2019s insolvency?<\/h2>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Must read: <\/strong><a style=\"font-family: inherit; font-size: inherit; background-color: var(--global--color-background);\" title=\"Indian aviation industry: Potential and challenges \u2013 Explained, pointwise\" href=\"https:\/\/forumias.com\/blog\/indian-aviation-industry-potential-and-challenges\/\"><strong>Indian aviation industry: Potential and challenges \u2013 Explained, pointwise<\/strong><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>What are the challenges faced by Indian commercial aircraft operations?<\/h2>\n<p>India&#8217;s <strong>pandemic lockdown<\/strong>, the increase in <strong>crude oil prices<\/strong> due to the <strong>Russia-Ukraine war<\/strong> and the <strong>rupee\u2019s depreciation<\/strong> against the dollar increased aviation turbine fuel (ATF) costs for domestic carriers.<\/p>\n<p>India&#8217;s commercial air transport industry has <strong>high capital and operational costs<\/strong>. So, they operate with wafer-thin profit margins.<\/p>\n<p>For more than a decade, India\u2019s budget airline sector&#8217;s rivals adopted <strong>highly aggressive pricing strategies\u00a0<\/strong>to gain market share. That <strong>stretched balance sheets<\/strong> and made companies more vulnerable to shocks.<\/p>\n<p>India&#8217;s <strong>tax structure<\/strong> keeps ATF costs prohibitive and a <strong>regulatory apparatus<\/strong> is outdated.<\/p>\n<h2><span id=\"What_are_the_government_initiatives_to_boost_Indias_aviation_industry\">What are the government initiatives to boost India\u2019s aviation industry?<\/span><\/h2>\n<table style=\"width: 100%; height: 60px;\">\n<tbody>\n<tr style=\"height: 60px;\">\n<td style=\"height: 60px;\"><strong>Must read:\u00a0<a href=\"https:\/\/forumias.com\/blog\/aviation-sector-in-india-status-opportunities-and-challenges\/\">Aviation Sector in India: Status, Opportunities and Challenges \u2013 Explained, pointwise<\/a>\u00a0<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The government should find long-term policy solutions if it wants India\u2019s struggling airlines to be recovered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article\u00a0\u201cSymptomatic stall &#8211; The aviation industry needs policy changes and regulatory overhaul\u201d published in\u00a0The Hindu on\u00a06th May 2023. Syllabus: GS 3 \u2013 Infrastructure: Energy, Ports, Roads, Airports, Railways etc. Relevance: About the challenges faced by Indian commercial aircraft operations. News: The Go Airlines, a low-cost carrier, became India\u2019s&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/symptomatic-stall-the-aviation-industry-needs-policy-changes-and-regulatory-overhaul\/\">Continue reading <span class=\"screen-reader-text\">Symptomatic stall &#8211; The aviation industry needs policy changes and regulatory overhaul<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,10498],"class_list":["post-241160","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700777677,"cached_date":1704802178},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/241160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=241160"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/241160\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=241160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=241160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=241160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}