It's a Bird? It's a Plane? It's the State! Weighing Cairn’s claims against Air India
Shantanu Singh [i] In mid-May, news broke out that UK’s Cairn Energy had filed a declaratory suit in a US District Court against Air India, India’s flag carrier airline. This news came amid Indian government’s renewed attempt at privatizing the airline, which, as the Aviation minister announced, remained the only viable option besides a complete shutdown. It was certainly an odd situation with the government’s attention split between selling off a loss-making entity and a rat