Running an airline is like having a baby: fun to conceive, but hell to deliver,” rued Collett Everman Woolman. Having founded Delta Air Lines and fathered two daughters, Woolman certainly knew what he was talking about. But his observation has not dissuaded many from either having babies or worse, venturing into the airline business. Its glamour quotient notwithstanding, the aviation business is a veritable graveyard of lost fortunes. Despite that poor record, though, there’s a new braveheart in town — AirAsia India.
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