From the Wall Street Journal:
India’s airlines, in a slump, are sending the following message to the cockpit: Foreign pilots, go home.
It’s an abrupt turnaround from the past several years, when Western pilots looked to growing markets like India as saviors for their profession. While carriers in the U.S. and Europe struggled with the aftermath of the Sept. 11 attacks, India was opening its skies to new domestic carriers — and hiring hundreds of foreign pilots to fill the new planes with experienced fliers.
But in the past several months, India’s airline industry has contracted as the economic crisis has hit. Now, the industry is trying to cut costs. More:
[Chart: WSJ]
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