What’s the Deal With Air India?
Will there be a deal or won’t there? The Indian government now says it wants to sell 100% of the state-owned carrier, but who will buy it? The airline is notoriously saddled with debt and has a restive labor force. Airline Weekly Senior Analyst Jay Shabat acknowledges Air India’s problems but notes that the beleaguered carrier actually has some strengths and assets that a would-be buyer could find attractive. Will any company step forward to buy the Flying Maharajah? Listen to this week’s episode to find out.