Originally Posted by
oliver2002
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.
Yups and OTOH loss of face for the govt. in an election year. Poor reflection on Indian aviation industry and Indian industry in general. Big holes in the PSU banks books etc.
Also, revenue has never been a problem for AI. They have always priced tickets at the rates they've wanted to and have fairly high occupancy. I think they could charge J rates in Y and still make losses in the millions.