Could you please elaborate on the rationalization of ops, guts and balls part.
Sure:
Rationalization of Ops: Jet airways still inefficient use of aircraft and crew. Could do better. Sahara was an ego trip but then hind sight is 20/20. Get rid of debt by offloading some of the egotistical real estate buys. Air India/KF: Well that is an open and shut case of staff, routes and putting their foot down to freebies. Indigo: Seems to be running a decent job on paper keeping to itself, but is constantly needling the FDI by foreign airlines issues and might actually be one of the cogs in the wheel. Also has some dubious political connections but then who does not. GO air: In efficient, constantly changing tactics and not settling down. What is with the damn hot curry meals on every flight (full service) start cutting down there give and apple and a sandwich and shut up!
Guts and Balls: Take on the unions, don't bow to political pressure and try not to rely too much on it. Take the government mandate of regional routes and be gutsy about pushing that in. Last but not the least push and utilize airports like Delhi to take on some transit hubs which are taking upto 19% of your business away. International ops on taxation and the like are a leveler as access to cheaper fuel is there so where is your excuse there?
Most are steeped in Debt as their promoters have long ago sucked out their money and like typical indian promoters operate at arms length so it does not cramp their lifestyle. Come on get your hands dirty and do the job yourself and maybe things will look brighter.
I think under the current circumstances if 9W does not show a turn around in the next quarter then there is something seriously wrong with their ops. Same for GO and spice. With the fares being charged should offset all the costs