According to CAPA, the Asian-Pacific Aviation Consultancy Centre, the airline industry of India is in the critical condition due to the ever increasing losses. Now, about three airline companies are expected to declare a collective net loss of $1.2 billion for the year. The loss of 700 million dollars by Air Indian (AI) is quite close to what CAPA had estimated, which is … [Read more...] about Airline Industry Heads for Huge Annual Loss: CAPA