Thursday, 12 April 2018

#AirIndia #DisInvestment #IndianAviation


#AirIndia  :  A  Basket  Case  ?



It seems no Airline is interested in bidding for take over of Air India



These include :

Indigo – Jet Air  - Spice Jet – TATA SIA  - Emirate – Etihad etc



Not surprising at all , considering the terms stipulated by the Government while inviting  EOI



I am afraid , on those terms , no one will come forward



I believe , Government has realized this , going by the following news which appeared in today’s Hindustan Times :








I understand why Minister for Aviation , Shri Jayant Sinha , could not implement my suggestion in following email :


Findinga Bakra ? Possible ?  [  04  June  2017  ]


It would have proved a very unpopular suggestion , which would be “ politically incorrect “

But , unlike Air India , other Air Lines have to answer their shareholders and bankers , for profit and loss !


Let me repeat once again , what I wrote 10 months back


The only way Government can interest someone , is by :


*  Writing off  ALL the debt ( to be taken over by the Indian Tax Payers ? )

*  Transferring all 21,000 employees on Govt payroll ( including all past liabilities of PF –
    Gratuity etc )



Only other way is to keep the “ terminally ill patient “ AI on a life support system ! 




13  April  2018


No comments:

Post a Comment