Why even Jet Airways shutting down may not save Air India

Those in government who are constantly looking for revival plans for loss-making PSUs—under various ‘turnaround’ specialists—would do well to look at how Air India has fared after large parts of the airline industry stopped functioning due to IndiGo grounding flights because of lack of pilots and Jet Airways coming close to shutting down.

In February 2018, according to a news report in The Times of India, IndiGo had a market share of 39.9%, followed by Jet at 16.8% and Air India at 13.2%; SpiceJet was fourth with a share of 12.4%.

A year later, in February 2019, IndiGo’s market share had climbed to 43.4%, SpiceJet rose from 4th position to 2nd with a 13.7% market share while Air India remained at the 3rd slot Read More

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