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Air India Privatization
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Dec 31, 2019 | 1:07 am
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oliver2002
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
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Quote:
Originally Posted by
ameyam
I would love to hear nuanced views on why US based airlines esp. UA wouldn't be interested in buying AI out to get a foothold in the 3rd largest and seriously growing aviation market.
Vistara and Air Asia India are prime examples on how a foreign airline can get a 'foothold' in India with a local partner. No need to buy a legacy airline with plenty of skeletons in the cupboard and super complex political entaglements. Any sane airline would nottouch AI with a 20 mile long pole. Look at an example of a European airline that gets capital injections from their govt every 6 months and stays afloat:
https://www.flyertalk.com/forum/alit...tion-plan.html
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