#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 :
Finding
a 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
www.hemenparekh.in
/ blogs
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