AIR INDIA

The corporate mistakes of Air India is striking and is worth writing of..

Air India's financial health was poor and as a means of caution the management deferred the salaries of the employees for the month of June / July. But the move back-fired as it alerted all the vendors, lenders and other service providers.

The Frankfurt Airport, the carrier's international hub of operations is demanding the bank guarantees for continuation of services.

Civil Aviation Minister Mr. Praful Patel has held the company employees responsible. Air India has accumulated a loss of Rs. 7200 Cr. upto March'09.

I hold the management responsible for the crisis...