For UA particularly it would be challenging because their policy of beating passengers might backfire here because the pax is a brother of a sister-in-law of a uncle of a neighbour of a MP.

Also I'm not sure about being the "3rd largest" aviation market by any meaningful measure. Aviation in India is a horribly immature and under-served.

And the biggest problem with the Indian market is costs. So a US company could never come and become successful here even by starting sometime new... maybe the Chinese could....

But why would anyone want to buy AI. That's a whole unless you're a masochist who wants to set burn all their wealth but wants to do it in a spectacularly dumb fashion.