The Air India Deal: A Tale of Government in Corporate Affairs
Air India is a commercial airline, albeit newly privatized. Boeing, Airbus, GE, Rolls Royce, and CFM International are all commercial operations. Yet this commercial deal among commercial entities has excited three heads of states, of the US, France, and India, to make joyous announcements, video presentations, and long-distance phone calls attesting to mutual cooperation. Business, after all, does seem to be the business of governments, especially when it is big enough.

