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Two important Indian airlines merge

New Delhi , India - Yearly savings for up to USD 100 million

According to estimates, India's air market is currently the fastest growing in the world, and the competition between airlines to secure a largest-possible share of it has become increasingly intense, so that last year India's air transport industry suffered losses for USD 500 million, while there are 14 airlines which are waiting for the government to grant them the licence to start activity. As a...

AVIONEWS - World Aeronautical Press Agency - 1083803

AVIONEWS - World Aeronautical Press Agency
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