Only a Satyam-like Operation can save this Airline

There was no expectation this time. When a group of ministers (GoM) met last month on a 'turnaround plan' for shipwrecked Air India, it barely drew the attention an endeavour to save the country's number one aviation asset would. So many times has Air India been through a cycle of destruction - airline messes up, government disassociates itself, losses and debt mount, government steps in, heads roll, government cobbles up new plan - that any intention to heal draws more mirth than sympathy, ridicule than belief. 

Read Full Story>>