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Old Mar 11, 2019, 4:37 am
  #161  
oliver2002
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Originally Posted by PiperAtGatesofDawn
I don't think the govt. will infuse funds but use their leverage with SBI and other nationalized banks and other tools to push for a deal to go through. Jet failing isn't a good scenario for anyone. For consumers it will mean costs will spiral. There will be loss of confidence in the Indian airlines sector (not good right before the elections), loss of jobs, financial losses all around etc. etc.

They're certainly not too big to fail. But there's a lot ridding on them not to.
OTOH a failure of 9W would instantly increase revenues for AI and improve Indigo and cos cash flow. The jobs are not a big factor, the cabin and flight crew will instantly find a home in the current market. The consumers are already going for the LoCos, who have massive growth planned and need the customers.
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