Even the Indian Railway is heavily subsidized and in the red. The only reason it has kept on chugging is because the Government has moolah to throw at it, and as the biggest employer in the country, ill affordability to disband it. If the railways were to dynamically price (as it has with a few trains), the fares match that of a flight -- sometimes more -- in the case of AC coaches. That is why some trains got less attractive, as they seemingly costed more than the flight in the same route.The good days for domestic air travellers in India are over. The future looks very bleak.
Many Indian airlines have closed shops. The rest are in red during the financial year 2018-2019.
The main reason for this loss making is the ridiculously low domestic fare due to a lot of factors, including fierce competition, leading to dynamic pricing. Can you imagine it! You can fly from Kannur to Mumbai or Delhi for Rs.2000/- or less.
In the days ahead, I will have to revert back to good old 'Theevandi' if I wanted to travel to Delhi. Who can afford Rs.14000/- for a ticket to Delhi in a flight? Definitely not me with my meagre pension. This high pricing of air tickets is where it will lead with the failure of most of the private airlines.
I was a votary for the privatization of airlines. I even recommended the dissolution of Air India. No more. Now I say public sector airlines should be maintained. It is the last resort for scoundrels like me. Even though what ever is subsidised by them and their losses are going to be borne by common citizen's through the taxes they pay.
Jai AI. Jai IA. Jai AIX. And jai AAI.
If Southern Railway headquartered at Chennai TN can run electric train at 5 rs minimum charge all around chennai, but turn a blind eye to start same train between Kannur and Kovai, via Calicut its double standards.This is the disease especially the rich are afflicted with. They always forget that they too are enjoying the benefit of subsidy given on a fertilizer to the farmer. When it comes to the subsidy on the fertilizer it is bad. Subsidy on petrol and cooking gas is good, because I am using it.
If you have not, it is best to shut up our mouth against subsidy.