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The lifeline for Indian airlines is on its way

A lot of ink has been spent worrying about Indian airline companies in the past few months, with all the $ costs of their plane leases, jet fuel and other expenses going up 20% on one side for no fault of theirs, and they being forced to sell tickets on a low cost to compete with the government-owned underdog. All these blokes who fly planes in India do not have a government lifeline from my tax money as Air India does, and evidently, have been priming for a shutdown (at least speculation is such!) Everybody out there believes there is a huge market in India for aviation. If only 5.5 million passengers out of a billion+ population flew inside India in…

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