IndiGo's real crime is letting government act as private sector's saviour

Don't blame misfortune. This is colossal incompetence and insensitivity. So bad that heads would have rolled even in the old PSU-era Indian Airlines and Air India

There can be three immediate reactions when you see the unravelling of IndiGo, arguably the greatest global brand built in post-reform India. All three come with some frustration.

 

The first, the IndiGo founders and the management must be nuts, unthinking, or arrogant, as some have argued, to have let it go into such a rapid meltdown.

 

The second, that whoever thinks of taking on the Government of India, and that too the Narendra Modi government, particularly when Vladimir Putin was in town, is smoking something illegal. Remember, those that allegedly triggered Shaheen Bagh protests while Donald Trump visited New Delhi