Vistara in deep debts (Tata is majority stake holder)

[Thokkalee]

Airlines business is very sensitive to oil prices, market conditions etc… hope this doesn’t bring down the whole Tata group… losses pile up very quickly in Airline business 

[naranjaX]

I am sensing some creative accounting practices will come into play 

[hunkyfunky2]

 

 

 

[JackSeal]

1 hour ago, hunkyfunky2 said:

Nothing campared to air India losses

You comparing air India which has 100+ own fleet, lands and buildings in prime areas in metropolitans, slots in every major international airport etc etc with a company which has couple of planes

[hunkyfunky2]

25 minutes ago, JackSeal said:

You comparing air India which has 100+ own fleet, lands and buildings in prime areas in metropolitans, slots in every major international airport etc etc with a company which has couple of planes

I'm not disputing what you are saying...

I'm just saying air India has so much debt even after getting so much money from government..

Some think , barring another COVID like scenario- there is a huge gap left in Indian air space for a fully service airline to thrive 

[hunkyfunky2]

2 hours ago, Thokkalee said:

Airlines business is very sensitive to oil prices, market conditions etc… hope this doesn’t bring down the whole Tata group… losses pile up very quickly in Airline business 

 

🙂