Air India asked for a 20000 crore bail out. That is a lot of money. In all the likelihood it will get it. Not as a lump sum but in tranches. This pissed someone an awful lot – The private airlines. Why? They are in a mess and they need a bail out too. Bail out – the most over used word of 2008 is following us – like the Vodafone pugh into 2009. Only difference is – it is not as pleasant. Private airlines ( Kingfisher , Jet Airways, Indigo, SpiceJet) pressed the panic button and went t