While the government has made various concessions for buyers interested in Air India, analysts still remain sceptical on the sale of India’s flag carrier, given the many riders that come with it.
With banks now seeking a resolution under the Insolvency and Bankruptcy Code, it perhaps is the end of the road for India’s premier airline Jet Airways.
While Jet Airways said its executives left due to “personal reasons”, aviation analyst Ajay Awtaney is of the opinion that “there is hardly anything left in the airline” for them to have stayed on.
