Most of those who are focussed on the Rs 10,000-odd crore Air India bailout are naturally sceptical about whether it will work. Aviation Minister Praful Patel spends a lot of time talking of the 1,000 employees Air India has in its canteen and even a tailor who gets paid Rs 1.5 lakh a month ‘to repair the seats if they get torn’, but this is hardly the issue — to put it in perspective, 80 per cent of Air India’s 31,000 staffers account for just a third of its wages.

<p><table width='100%' border=0 cellspacing=0><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 18px; FONT-WEIGHT: bold; COLOR: #0253B7;'><B>Sunil Jain:</B> Does competition matter?</td></tr><tr><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 11px; FONT-WEIGHT: bold;'>80% of Air India

<b>Sunil Jain:</b> Does competition matter?

80% of Air Indias 31,000 staffers account for just a third of its wages

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