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Pricing power may smoothen Deccan flight.
From:
Economic Times (New Delhi, India)
| Date:
June 2, 2007
| COPYRIGHT 2007 The Economic Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: Amit Bhandari
Jun. 2--Flying over the Deccan isn't all that easy -- there's plenty of rugged terrain to negotiate here. Air Deccan, the airline that pioneered low-cost aviation in the country, wasn't just losing money; it was on the brink of going down, before Mallya stepped in.
The infusion of Rs 550 crore may help tide over the crisis, but only just. That's because even if Deccan sells all its 1.7 lakh seats a week on its 2,300 flights, it will stil...
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