Not totally unlike Bahujan Samaj Party (BSP) and Samajwadi Party (SP) in the sphere of politics, in the world of civil aviation, the beleaguered Air India and Jet Airways are in the same boat, but if they come together, they could well take off and soar.
First, the quick, and far too familiar, reality check — both airlines face huge debt liabilities. But also familiar is the fact that both have huge assets in terms of skilled and experienced human resources, significant goodwill among seasoned air travellers, excellent fleet of aircraft and crew both in cockpit and cabin, and enviable traffic rights and parking slots at international and domestic airports.
Air India has, indeed, lately shown some resilience and is operationally doing fine. If the debt liabilities are met by a one-time infusion of funds Read More