They have Vistara, they are just building a name and a reputation, why do they need Air India??
42 planes and 37 more in order, including B787.
So what is stopping Vistara to grow? IMHO, Money.
Close to five years, couldn't build a domestic hub, present network is courtesy Jet's demise. Can Vistara build a BLR hub. 100% certain it cannot.
If TATA Temasek cannot fund Vistara, how will they fund AI.
Government is giving away AI for free. Bulk of (GHA) workforce, all the debt and AI(Regional) will be with taxpayers. Fleet
18 paid off 777s, no monthly payments
39 A319s/A321s are paid off. no monthly payments
21 788s (including 12 low quality early builds) are on SLB. Early builds are not a burden.
6 788s are on some lease.
3x319s on short term lease
10 x new A320CEO on dry lease/PBTH
27x LEAP A320NEOs on dry lease/PBTH (Courtesy AI Engineering, they didn't pick GTF)Workforce
Last permanent hire was in 2012.
Most of the high salaried legacy employees retired.
AIATSL(GHA) is not part of the sale. I have to verify.
All the debt is moved to SPV and/or AI(R). Retirement benefits stay with taxpayers.
Present government is looking for a worthy friend who deserves this freebie and can pay leases and salaries for a few months, then sell or close.
Throw buzz words like bloated workforce, debt, burden on taxpayers, Indians will be happy to giveaway AI.
All posts are just opinions.