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Air India: the time has come to stop procrastinating and act. The final scene is near

Analysis

Air India has delivered a significant improvement in its operational and financial performance in FY2013, partly due to improved market dynamics following Kingfisher's exit, but also as a result of a serious and committed approach by the management of Air India, new marketing initiatives and measures adopted to rationalise its network.

But India's ageing flag carrier is still soaking up over a billion dollars of India's precious budget each year - with no prospect of a serious turnaround for the airline in its present form.

The easiest path for India's leaders to take is to avoid facing the problem and to keep applying a hundred million dollars of taxpayers money each month to apply bandaids to the ailing airline.

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