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Article: Air India's fate up in the air
- Article from:
- The Hindustan Times
- Article date:
- October 3, 2009
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New Delhi, Oct. 2 -- Air India flights are back to normal schedule and pilots are back at the cockpit. But that wasn't the real story.
Behind the hangover of sulking pilots and a hassled management lies a story of deepening financial crisis, missed opportunities and utter disregard for laid down roadmaps.
The roots of the airline's current troubles lie in May 2007, when state-run aviation companies Air India (international flag carrier) and Indian Airlines (domestic carrier) were merged to form the National Civil Aviation Company of India Ltd (NACIL).
The merger, facilitated by global consulting firm Accenture, was carried out to achieve focussed objectives - cutting costs, achieving ...