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Why couldn't the Modi government save Air India?

Why couldn't the Modi government save Air India?

Aarav Khatri
23.01.2023

The Modi government has been unable to save Air India despite multiple attempts to do so. The airline, which is owned by the Indian government, has been facing financial problems and has been unable to compete with private carriers in the market. The government has tried to attract buyers with various offers like debt waiver and tax breaks, however, the offers have not been successful. The high employee costs, large debt burden and outdated fleet of aircraft have all contributed to the airline's lack of profitability. The government has also been unable to find a suitable buyer for the airline. Keywords: Modi government, Air India, financial problems, debt waiver, tax breaks, employee costs, debt burden, outdated fleet.

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