A Thesis on the US Airline Industry

The premise of our investment is simple: The next few quarters are uncertain at best, but I believe that industry demand and earnings will be far higher over the next several years. The question, then, is whether certain individual businesses have the resilience to reap the benefits of that growth, and whether the offered price…

Flying to Smaller Cities to be Mandatory Soon for Airlines

In an attempt to increase regional connectivity, the civil aviation ministry is working on a proposal to make it mandatory for airlines to deploy small aircraft to smaller cities. The proposals, currently in the works, include making connectivity to smaller cities mandatory under the route dispersal guidelines (RDG) by changing its current allocation norms. “The…

How a Muslim Billionaire Thrives in Hindu India

“The world’s richest Muslim entrepreneur defies conventional wisdom about Islamic tycoons: He doesn’t hail from the Persian Gulf, he didn’t make his money in petroleum, and he definitely doesn’t wear his faith on his sleeve.” “A native of Mumbai, Azim Premji has tapped India’s abundant engineering talent to transform a family vegetable-oil firm, Wipro Ltd.,…