FOR decades, Indian governments, in league with private
aviation players, destroyed the operational and financial foundations of the
state-owned Air India. The public sector entity, which was formed after the
merger of Indian Airline and Air India, bled, and became a loss-making entity
with a huge debt burden. As recently as October 2018, i.e. after the government
decided to auction off Air India, another financial nail was driven in the
airline’s coffin.
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