Business Today

Stormy Weather

▶ recently to announce the next edition of Asia’s largest civil aviation event, Wings India 2024, Rémi Maillard, President of Airbus India and MD of South Asia, raised eyebrows when he described the Mumbai-based low-cost carrier (LCC) Go First’s bankruptcy filing as a “depressing development”. The event was attended, among others, by Jyotiraditya Scindia, Minister of Civil Aviation, the entire top brass of the Ministry of Civil Aviation, and members of the diplomatic corps. Maillard’s assessment was in sharp contrast to the usually bullish forecasts put out by the Toulouse-based plane-maker on India, the world’s fastest-growing

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