 "Go First")
Here is the best of Business Standard’s opinion pieces for today
The bankruptcy filing of Go First Airlines highlights the inherent stress in the civil aviation industry. In this context, our lead editorial notes that even if Go First restarts operations after cancelling flights for three days, it cannot generate the cash flows needed to service dues unless the entire fleet is up and running. Read here
In other views:
For debt restructuring to work, it has to be generous; but since the share of private creditors and bilateral lending is large, the Paris club of lenders is now no longer dominant, making agreement difficult, writes Ashima Goyal. Read here
There are very divergent views about India’s economic prospects. Some perceive great promise, while others see big government and unclear strategy, writes Shyam Ponappa. Read here
