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Air India, once a symbol of national pride, has faced a shocking downfall. This video is a detailed case study about the downfall of Air India we dive into the reasons behind Air India's staggering 16,000 crore loss.
We'll discuss how the then civil aviation minister Praful Patel and his decisions favored private airlines like Jet Airways and Vijaya Mallya’s Kingfisher Airlines at expense of Air India.
Merger or Mistake? We'll also investigate the controversial merger of Air India with Indian Airlines. Did this move backfire, causing losses to skyrocket from 680 crores to a whopping 16,000 crores?
Decisions with Debt: We'll examine how an irresponsible fleet acquisition decisions burdened Air India with unnecessary loans.
This case study is based on Jitendra Bhargava's book "The Descent of Air India."
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