These politicians are apparently not even aware that by procrastinating the inevitable — disinvestment — they are harming Air India’s future. Air India is currently patronised by one in seven air passengers. The airline, after becoming irrelevant with a minuscule market share, will gradually pass into oblivion. Instead of laying emphasis on Air India’s huge debt and mounting losses, GoI would have done well to have made critics aware of the threat of extinction that looms large for the airline. It’s really wake-up time to infuse life into a brand that we all cherish and that no one would like to see wither away.The writer is former executive director, Air India
Source: Economic Times April 09, 2018 17:26 UTC