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Transportation

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Aviation

Privatising airports has brought gains. Here’s what needs to be done to make them high-yield assets.

Almost 20 years down the line, the public-private partnership model for airports has brought significant upside for investors. While past biddings left much to be desired on response from bidders, the evolved PPP model has found a sweet spot, with aggressive participation. Translating this to viability will need transformational steps on multiplying non-aero revenues from passengers, non-passengers, and real estate.

Aviation

Boeing 737 MAX crisis: Pilots’ skills, Boeing’s safety standards come under close scrutiny

The crash of Lion Air and Ethiopian Airlines flights shocked the aviation industry and resulted in the grounding of hundreds of Boeing 737 MAX jets worldwide. It may well have been a textbook failure of airmanship by the pilots. Boeing’s safety certifications for the 737 family too may be dated. The crisis highlights the double standards of the West on aviation safety.

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