Goodbye Market Share, Welcome Profits

Forget the days of Re1 tickets. Consolidation among airlines may lead to higher fares

After a few years of furious growth, which included the launch of several new airlines, consolidation or rationalisation has set in. Jet Airways recently bought its much smaller rival Air Sahara. Kingfisher has acquired the control of Deccan. State-run carriers Air India and Indian are preparing for a...

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