Delhi bellyflop
AS ANY fox will tell you, chickens are not much good at flying. Nor, it would appear, are chicken farmers. Four years ago, amid the euphoria of India's new open-skies policy, which allowed private companies to enter the hitherto state-monopolised airline business, a poultry-breeder called Parvez Damania leased a few aircraft and started selling tickets. Big losses forced him to sell his company in 1995 to another private carrier, NEPC Airlines.
This article appeared in the Business section of the print edition under the headline “Delhi bellyflop”
From the July 19th 1997 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
Could seaweed replace plastic packaging?
Companies are experimenting with new ways to reduce plastic waste
Has Sequoia Capital outgrown its business model?
Venture capital’s hardiest perennial gets back to its roots
On stupid rules and quick wins
Why every boss can benefit from asking employees what most infuriates them
TikTok wants Western consumers to shop like the Chinese
It still has some convincing to do
Will the trouble ever end for Volkswagen and its rivals?
From strikes to Trump tariffs, calamities abound
After Northvolt’s failure, who will make Europe’s EV batteries?
The continent looks ever more reliant on Asian producers