CCI needs to see if Air India bailout anti-competitive

Given that the government has agreed to infuse R6,500 crore of equity in the chronically sick Air India (accumulated losses are R13,300 crore and debt R43,777 crore), presumably this has satisfied the bankers who’ve agreed to restructure its loans on Monday. Though the restructuring has RBI’s approval, the question is whether this is enough, and more so for an airline that is deeply political and suffers from rampant indiscipline—its effective merger with Indian Airlines has been held up for years due to union rivalries and pilots are once again threatening a strike. 

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