Various sleuths created by Agatha Christie, James Hadley Chase or Earl Stanley Gardner would suggest that if you want to catch the murderer, look for the person, howsoever unlikely, who benefits from the murder. In whose favour does the will of the deceased leave the money, the business empire or the property? So who is the beneficiary of Air India’s demise? Who will buy all its assets, training infrastructure, its vast fleet, its lucrative routes, etc., at very cheap rates? Obviously, it will be the two other major players on the Indian aviation scene: Jet Airways and Indigo Airlines.
I was Secretary Civil Aviation during 1997-98. Later, I was appointed as Chairman of the Expert Committee on Reorganisation of the DGCA (known as the Kaw Committee), bulk of the recommendations of which have been implemented. I was nominated with the approval of the CVC, as t
he External Integrity Monitor of the Airports Authority of India? The point I am making is that I have been in constant touch with the goings-on in this sector.
I have been seeing one airline on a constantly rising upward curve. Some of the news I have received about this airline is as follows:- Started with 40% FDI by two airlines from the Gulf.
– Instrumental in imposing a total ban on any further FDI in the aviation sector; as a result, the proposal of Tata Singapore Airlines did not see the light of the day….READMORE