Hong Kong, May 18 -- Airline analysts, observers and industry executives argue some airlines in India - Air Asia India (AAI) and Go Air in particular - are likely to be shakier than others post the COVID-19 outbreak.
In 2013, when the joint venture between AirAsia Group's investment arm, AirAsia Investment Limited, and Tata Group was proposed, it appeared to have all the ingredients for success. The low-fare airline concept - both globally and in India - was a known animal. It had the backing of AirAsia Group co-founder, Tony Fernandes, and the wealth of experience the Malaysian-headquartered LCC company brought with it.
Almost all the systems, protocols and procedures of the parent were adopted for AirAsia India. Oil prices were at a low...