Business Standard

Letter to BS: Who will buy debt-laden Air India after IndiGo's exit?

Why should they buy a 'sick' airline unless they foresee turning it around anytime soon?

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Apropos your report “IndiGo pulls out of Air India race” (April 06), I think Indigo has always been a very circumspect, grounded and extremely well run airline. No wonder they are the only profit making air carrier in India. Rahul Bhatia and Aditya Ghosh are both prudent businessmen, who have done their homework well and come to this conclusion. Why should they buy a ‘sick’ airline unless they foresee turning it around anytime soon? They are not the kind of people who would go for it just for the sake of vanity. They had all along indicated what

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