I am good with 80% availability, or worse case scenario even at 70% too.
75% is the IAF's target for their entire fighter fleet; assured for Rafale (PBL), they are trying hard to get MKI to this level (was 50% in 2014, around 68-70% today) likely they will sign a PBL with HAL for LCA also.
It's going to be MUCH cheaper to keep LCA and Rafale at 75% than the MKI though, the MKI burns through spares at a disgusting rate and because it doesn't have full on board diagnostics like LCA and Rafale a lot of preventitive parts changes go on.
It's also much easier to work on LCA and Rafale, Russian equipment is known for being a pain to maintain, an AL-31P engine for instance takes the best part of 12-16 hours to take out and replace on a MKI, the same job can be done on the Rafale's M88 within a couple of hours.
One of the the most overlooked parts of the Rafale is that it will bring about a revolution in how the IAF works on its fighters, instead of needing a BRD, all major work can be done at the SQN base itself, it doesn't need to fly out to a specialist depot at any point in its life Hope LCA can benefit from these lessons and I'm particuarly excited to see the Safranised Kaveri, one of the best parts about M88 is that it is modular.
Russians have been screwing India for too long.