Stealth • 9m
Fly91's strategy may hold promise amidst adversity. By proposing code-sharing agreements with larger airlines, Fly91 aims to complement, rather than compete, for last-mile connectivity. Additionally, favorable changes in Aviation Turbine Fuel (ATF) taxation, with many states reducing VAT rates, could alleviate operational costs. Furthermore, government initiatives promoting ethanol blending in ATF offer potential cost-saving opportunities. Yet, uncertainties persist. The COVID-19 pandemic continues to disrupt air travel globally, impacting passenger demand and financial stability. Fly91's success hinges on its ability to navigate these challenges, adapt to evolving circumstances, and capitalize on strategic advantages. Only time will reveal if Fly91 can soar amidst the crisis, marking a new chapter in India's aviation industry.
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