Some of India’s largest airline carriers have reported record losses and are facing an uncertain future.
The world’s airline industry has been seriously effected by the global economic crisis and the rising cost of oil.
The government has ruled out a financial bailout, knowing that tax payers would not be happy helping private companies survive at their expense. Other options include seeking foreign investment, something the authorities have rejected in the past.
Al Jazeera’s Sohail Rahman reports from New Delhi.