To mark the 25th anniversary of Airline Business, 25 leading airline industry executives who have helped shape the sector over the last quarter century, give their reflections on the last 25 years and the challenges for the years to come.
Jet Airways chairman Naresh Goyal looks back at developments over the past 25 years and argues the airlines that survive will be those with a sharp eye for the bottom line and innovation. He writes:
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"The 1960s, and to some extent the 1970s, were the age of innocence for our industry in India. Aviation as a business was less cut-throat, more a luxury, almost like a one-time experience to be cherished; definitely not a common man's choice of travel, the Great Indian Railways had then ruled the roost. Our world has since moved on. Our conflicts, our economics of operations and our demographic pressures have multiplied exponentially, giving any past semblance of innocence a harsh edge or, in more relevant terms, giving rise for the need of a serious business reality check".
READ THE ARTICLE IN FULL HERE
More on Jet Airways and India |
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- New routes for Jet Airways, read the latest news here;
- Read our analysis of the challenges facing the Indian airline market from earlier this year;
- Read our cover interview with Naresh Goyal from December 2005
More leader perspectives and anniversary content |
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- Read all 25 leader perspectives and messages and contributions from other senior figures;
- Follow the ups and downs of the industry since 1985 with our interactive airline industry timeline;
- Airline industry figures give their reflections on the last 25 years in our special video report
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Source: Airline Business
