A closer look into the Gupta family’s network in India may open a Pandora’s box
DID THE GUPTA brothers –– Ajay, Atul and Rajesh–– play a role in South African Airways (SAA) stopping its flights to India, allowing Indian flier Jet Airways and Abu Dhabi-based Etihad Airways to take over the bilateral arrangement between the two countries?
The decision to suddenly shut down the Mumbai-Johannesburg sector which had a seat load factor of 82-88 percent in March 2015 intrigued the travel and tourism sector. SAA, which had been flying to India for the past 19 years, did not give enough notice to tour operators who had booked flights uptil November 2015.
Why did SAA, in the name of streamlining its operations, abandon one of its routes that serviced the historical ties between India and South Africa? The airline had then claimed that Mumbai was in fifth spot on the list of 10 sectors that were incurring losses. The seat load factor, according to industry sources, tells another story.
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