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Old Dec 31, 2019 | 2:47 am
  #31  
ameyam
 
Join Date: Apr 2019
Location: CA
Programs: UA Gold, Hilton Gold, Marriot Gold
Posts: 20
Originally Posted by oliver2002
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
It's a 100% stake sale (without the debt assuming the Govt is taking care of it), so the argument on political interference is weak. Yes, there are efficiency issues, layoffs will need to happen but from a business potential point of view, AI has some good landing rights, good routes, i think a profitable international business, so why wouldn't this be interesting to US based airlines? They would never get this opportunity in China! Shouldn't this be their strategy to beat Emirates and other ME carriers?
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