Originally Posted by
freqyflyer
I think the IT executives need be raked over coals for mismanagement. Does the DGCA have any teeth or will this dissolve into bureaucratic nothingness?
Why? The task they had was to run a bling air and burn cash in the hope the econonmy continues to grow and the sales and capacity utilisation will somewhat mitigate the high cost of paying for all the bling. The 'Red' operation was bought from Deccan to get larger size and most importantly the 6 yr old AOC to apply for international operations, a clause the DGCA applied to them.
Originally Posted by
GUWonder
The DGCA is concerned about the situation in such a way that IT is unlikely to be raked over the coals by the government at this time. IT can rake itself over the coals, but there are some in the government who are acting as if IT cannot be allowed to be suddenly shut down full stop.
Or someone hass successfully lobbied GoI to think IT is to big to fail. Very nice
. In the first wave of airline failures in the late nineties no one in the GoI moved a finger when Damania, ModiLuft & co failed. This time it should be the same.