Airline failures refer to the collapse of airline companies. This can occur due to financial mismanagement, operational issues, or external factors. Such failures impact employees and customers alike. They can lead to lost jobs and disrupted travel plans. The aviation industry plays a crucial role in the economy. Airline failures can have broader implications for trade and tourism.
India’s civil aviation sector, once celebrated as a high-growth success story, faced sustained turbulence over the past year. From the June 2025 Ahmedabad crash to widespread cancellations and...