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Air India and Indian Airlines Merger: Is it Flying?
內容大綱
The case describes the merger of Air India and Indian Airlines, two national carriers. The due diligence predicted both airlines would survive and prosper amidst fierce global and domestic competition by leveraging combined assets and capital more efficiently and by building a stronger sustainable business. However, the merged entity suffered huge financial losses year after year, raising doubts about Air India's continued existence. The case highlights various reasons for the merger failure as argued by the media, analysts and experts.