Over the past 3 weeks , there is a lot of
“ noise “ about selling off Air India , which has been making huge losses for
years and has a current debt of Rs 60,000 crore
Noise makers include , Arvind Panagariha
, Amitabh Kant , Arun Jaitley and Ashok Gajapathy
Raju ( Civil Aviation Minister ),who recently said to CNBC TV !* :
“ There are hardly any bakras
around, so to get one is difficult and businessmen are businessmen
There are limitations . One thing is for sure, the taxpayer’s money cannot
be committed for eternity
So, that is one problem . Failures are there on the financial front , so
there are problems and these will be attended to “
Arvind Panagariah has suggested that the
government write off that Rs
60,000 cr debt , ( in order to “ attract a bakra “ ? ). Better than throwing away GOOD money
after BAD !
If the government is also ready to write off that other “ liability “ called “ Manpower “ , ( approx. 21,000 people ) , there
is a possibility that a “ bakra
“, with an ability to turn Air India profitable , can be found.
Let there be no doubt . No one , repeat NO ONE , will want to even touch Air India , if the deal
includes taking over that “ Manpower
“ !
That bakra could be , RYANAIR of Europe ( founded in 1985 and profitable throughout ) –
perhaps the only WHITE
KNIGHT capable of rescuing !
Those having
the responsibility to find that “ bakra “ might want to look at the following statistics about RYANAIR :
·
Chairman …..Michael O’leary
( who , once said , “ If you have complaints about RyanAir , don’t
fly with us “ . For a long time , RyanAir refused to have a Customer Complaint
department )
·
Airfare
Average Fare per Passenger Flown………….. Euro 33 ( Rs 2,600 )
Dublin ( Ireland ) to ANYWHERE……………… Euro 150 (
Rs 11,000 )
·
No of
Employees……………………………………….. 12,000
·
No of
Employees / Aircraft……………………….. 30
( 12,000 for 400
Aircrafts )
{ Air India’s No of Employees / Aircraft ……………. 178 ( 21,000 for 118
Aircrafts )
·
Employee Growth ( June 15 – June 17 )….. 12 %
·
No of Passengers flown (2016
-17 )…………. 130 Million
·
Traffic Target ( FY 2024
)………………………….. 200 Million
·
No of Countries
served………………………………. 34
·
No of Cities served……………………………………….
200
·
No of
bases………………………………………………….. 86
·
No of daily
flights…………………………………………. 1800
·
No of
Aircrafts………………………………………………. 400 ( 737
)
·
Aircrafts on Order……………………………………….. 300 (
737 )
·
On time
Performance…………………………………… FIRST in Europe
·
Profit ( expected for 2016-17
)…………………… Euro 1300 Million
Dear Shri Raju :
RyanAir’s Michael Leary is an Irishman, with its headquarter in
Dublin ( Ireland )
Ireland’s next “ Prime Minister – to be “ is Mr Varadkar ( whose father
hails from Varad town of Maharashtra )
How about
sending a “ feeler “
to Michael through Shri Devendra Fadnavisji ?
05 June
2017
www.hemenparekh.in / blogs