2012 will no doubt be a challenging one for the airline industry. AMR going bust, and even budget carriers feeling the pinch in 2011, many will likely founder in the coming months. One carrier, Germany’s second biggest carrier Air Berlin, looks to be applying lessons hard learned early on in the year.
With markets around the world in a bit of chaos, it’s interesting to note one India travel company reporting astonishing growth. According to news from MarketWatch, MakeMyTrip Limited is going like gangbusters – the company has posted an over 50% YoY profit increase. The India’s leading travel portal may soon lead more than just India.