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East West

Hopes jettisoned

Jet and Kingfisher are not the only flop-shows, even the public-sector Air- India is surviving on government bail-outs.

‘Further attrition’

Since the collapse of the major carrier would puncture the politically-emphasised theory of a very vibrant economy, the government has to intervene: it is election season after all, the nightmare of demonetisation still haunts.