Issue
More on news:
Analysis
Airlines Have An Insanely Small Profit Margin:
What are the reasons for shutting down of Jet Airways?
What are the similar examples in recent times?
What is the impact of this shutting of airlines?
Way forward:
What are the efforts to minimize this issue?
Learning Aid
Practice Question:
Recent closing down of airlines shows that it is a riskier business. Discuss with examples why airlines are failing, its impact on people and economy and what efforts should be taken to solve this.
Verifying, please be patient.