$10bn Vadhavan – a game of political musical chairs
The will of the people…
ATSG: UPDATEMAERSK: QUIET DAY DHL: ROBOTICSCHRW: ONE CENT CLUB UPDATECAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS
ATSG: UPDATEMAERSK: QUIET DAY DHL: ROBOTICSCHRW: ONE CENT CLUB UPDATECAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS
As fresh allegations about Air India’s profligacy are published, (the broke carrier has been renting a warehouse at Heathrow, which has been empty for the past nine years), it appears – perhaps not surprisingly – that there have been some dubious financial decisions at India’s airlines for some time. In a whistle-blowing letter, a former Indian Airlines chief explains how he was put under pressure by the then civil aviation minister Praful Patel to make commercially unviable decisions. The comments under the piece suggest there was a strong whiff of corruption…
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