EXTERNAL FORCES SHAPING THE FUTURE OF THE AIRLINE INDUSTRY

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Issue:

Business

 

Written by:

Allen R

 

Date added:

October 10, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

5 / 1381

 

Was viewed:

9353 times

 

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Essay content:

Projected revenue for this year: $250 million. Also, in 2004 the company raised $40 million in private equity from ICICI Venture Funds Management, India's largest private- equity player, and Capital International, an arm of the huge Los Angeles money manager Capital Group. Air Deccan is looking to go public over the next few months...
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Air Deccan is looking to go public over the next few months. "This is not the story of Air Deccan's growth--it's the story of the growth of India," says Gopinath. His success in the fast-growing aviation industry has set off a gold rush. Two new airlines--Delhi-based SpiceJet Limited and beer baron Vijay Mallya's Kingfisher Airlines--started flying in recent months...
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