The Government sold Air India to escape its problems. The fix is to buy back in
In 1967, Air India paid Salvador Dalí for a custom ashtray with a live baby elephant, flown all the way to Spain. (Yes, really! Here's the proof.) That was the airline. Flush with money, just about 14 years into nationalisation. Today, it's asking its owners for $1.5 billion after its biggest loss ever, at more than 2…
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