Fragile wings, cloudy skies

Two days before Jet Airways went public with a share offering in 2005, the government allowed it to operate international routes.

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.