http://in.rediff.com/money/2006/jan/25bspec.htm
Why Indian Airlines changed logo, name Prerna Raturi | January 25, 2006 <competition in the Indian airspace is increasing exponentially. Civil aviation ministry estimates place the growth in domestic passenger movement at over 50 per cent in the past three years: from 26.36 million in 2001-02, to 40.09 million in 2004-05. Granted, IAL is also reaping the benefits of that increased traffic. Its balance sheet is also looking a lot better these day -- the state-owned carrier posted a post-tax profit of Rs 65.61 crore (Rs 656.1 million) in fiscal 2005. .... Marketshare, meanwhile, was crashing. From close to 100 per cent in 1990, when private carriers were allowed to operate in Indian skies, IAL's share dropped to about 30 per cent in 2004. >
