Amen to that. The only people who gloat about this kind of news are those who have not lived through it once or twice. (Or thrice or more in some cases) Some seem to think that if just one airline in India would fail all the rest would be on wine and roses. If the airline industry in the US is any indication, there will always be someone with more ego and money than brains who will take a look and think they can start an airline and fill the supposed void left in the marketplace by a failure. This is exactly the kind of time when that happens too. Lots of surplus aircraft that can be had cheap, and lots of desperate unemployed airline people on the street. If any airline does not make it you can bet that there will be one or two that try to start. Hell, the Deccan guy was making rumblings in the press 2 weeks ago that he might like to get back in the game. Instead of getting giddy over rumors of someones problems lets hope for a general improvement in the whole economy of the world. In a good economy there is MORE than enough buisness in India for all of the players, and maybe even a few more.
Sky Jet