Eh? What figures do I need to back up that IT is in no shape to join an alliance right now?

Their OTP? Their RASM/CASM ratio? Their debtload? The date of their staff's last paycheck? The amount of time that they have been kicked out of IATA BSP? The number of times their accounts have been frozen by income tax authorities? The fact that nobody is willing to inject any cash into the airline? I can provide them all. Just tell me what info you want.

I still am at a loss as to how anybody can think IT's current operations are sustainable. IT will need investment from somebody. Vijay Mallya has proved that he isn't willing to put in any more cash. The banks have made it clear that they won't invest more money unless a promoter does first. Putting hopes on FDI is incredibly naive - no sane foreign investor is going to invest in the company when the current owners (banks and Vijay Mallya) aren't willing to.

If there is some detail that I have missed, by all means let me know. But from what I can see, in the current state IT is in, a) they aren't going to last, and b) they aren't in any shape to join an alliance. If by some miracle, they find an investor, then things might be different. But I doubt it.