We ended our Q4FY18 analysis for Jet by indicating that, “Going forward, it seems that Jet Airways is headed for a turbulent ride. Debt will grow for the short-term. The revenue pressures are intense and the cost base is high. Addressing both these elements is critical to success.” While we forecast a result that would reflect ongoing challenges, little did …

The Ude Desh Ka Aaam Nagarik (UDAN) scheme launched in June 2016 has been hailed by the Government as a game changer. The intent of the scheme is to connect un-served and under-served airports across the country in an affordable manner consequently boosting connectivity. This is delivered via routes that are bid-for and awarded to airlines by the government including …