Letter to BS: Air India seems to have become the butt of jokes globally

Despite the fuel prices increase, everyone can see the exponential growth in passenger traffic for the airlines

Apropos Arindam Majumder's well-analysed front page report (May 28), Air India seems to have become the butt of jokes internationally. No rational thinking suitor is likely to come forward for this seriously sick bride, notwithstanding the road shows mounted by EY or any other consultancy firm.

EY is frantically running around the world, simply because the government is picking up the tab; if their fees were purely success related, I doubt if they would even touch the assignment.

Two of the biggest negatives in the offer seem to be (a) the government's intention to retain 24 per cent equity and (b) the