Originally Posted by
JamesKidd
I hope they do the right thing and stay out of it besides ensuring the safety of the airline. It's a private company and if they fail, let them fail. I hope they don't let elections sway their decision because that would be just prolonging the inevitable. The lenders (be it government owned banks) need to learn better investment strategy and get out when they should get out rather than keep pumping money into a badly run investment.
No they won’t let them fail. The PM has publicly asked the PSU banks to help 9W. No matter what anyone does now 9W will fail either in a few weeks or a few months. But that doesn’t mean public funds won’t be misused trying to save them now.