Agreement Quote by Subramanian Swamy
“The effect of the foreign direct investment of Etihad in Jet Airways and the implied bilateral agreement of air services between India and the UAE has primarily damaged Air India, which is a government-owned airline with huge assets that are extremely valuable.”
About This Quote
The FDI by Etihad in Jet Airways and the India‑UAE air‑services pact have harmed Air India, a valuable state‑owned carrier.
In simple terms: Etihad’s investment and a bilateral pact hurt Air India’s market position.
Assess policy impacts on national carriers.
Themes
Mood
Type
When to use this quote
- government strategy meetings
- industry analysis
- investment reviews
- policy debates
Key Concepts
Questions to Reflect On
- What safeguards can protect national airlines?
- How should governments balance foreign investment with domestic interests?
Air India may still have strategic value despite damage.