The most awaited meeting is going to be scheduled the coming week, where next week could be a crucial one for airlines in India with government holding two meetings. While the committee of secretaries headed and cabinet secretary K M Chandrasekhar will discuss the long-pending issue of allowing foreign airlines to invest in desi ones, the whole team is gonna decide on funding on AI.
Vijay Mallya’s Kingfisher words are gonna come up live soon, where he was demanding about foreign airlines be allowed to invest in fund-starved Indian airlines.
The govt has so far not taken a decision about this and headed by Naresh Goyal’s Jet, has been opposing this on the ground that in the current environment no player can expect a good valuation. However, the trickiest of all seems to be the question of funding AI and saving it from a collapse.


