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Wait for government to make an announcementCan anybody tell @ which cost or cost per share.As PIA in lots of debt so after share transfer can we see management restructuring and layoff of employee.
A national airline with govt, even if its a white elephant, its is a must, as around it lot many covert operations can be taken care off. India has a reason to fly Indian Airlines on some far east locations of India. You can easily build a civilian airport in region where you want airstrip closer to enemy but dont want to provoke international pressures and cover it up by sending your national airlines.
You're spot on! Air India is going to be privatized soon. As the saying goes, a government has no business to be in business!I hate to say this, but why don't you go lecture about Air India than talk about PIA. Plus, Pakistani gov't isn't as rich as Indian gov't that we can bail it out every time or keep it running at the cost of other developments.
I heard Air India is going to be sold out or something like that. Let it fly, even though it is a white elephant, no?
Now that's what you call F u ck ** d up.Air India had become the handmaiden of the politicians and the bureaucrats. Imagine officials of Air India even after retirement are given free business class tickets for life to travel anywhere in the world ALONG WITH THEIR FAMILIES!!!! WTF? And that's funded from tax payers money for God's sake! WE pay for their binges!
@VinnyYou're spot on! Air India is going to be privatized soon. As the saying goes, a government has no business to be in business!
Air India had become the handmaiden of the politicians and the bureaucrats. Imagine officials of Air India even after retirement are given free business class tickets for life to travel anywhere in the world ALONG WITH THEIR FAMILIES!!!! WTF? And that's funded from tax payers money for God's sake! WE pay for their binges!
PIA must be in the same predicament.
You're spot on! Air India is going to be privatized soon. As the saying goes, a government has no business to be in business!
Air India had become the handmaiden of the politicians and the bureaucrats. Imagine officials of Air India even after retirement are given free business class tickets for life to travel anywhere in the world ALONG WITH THEIR FAMILIES!!!! WTF? And that's funded from tax payers money for God's sake! WE pay for their binges!
PIA must be in the same predicament.
When PIA is heavily in debt and it's employee to aircraft ratio is 4-5 times more than competitors, NO single person can turn it around. It's just not possible.PIA has been mismanaged. This PMLN govt is no different. Its also mismanaging. PIA can be turned around but that needs honesty and this commodity is in very short supply.
I dont think you would be very much interested in hearing more about Air India, given that you cant phantom the importance of National Airline...
Yes may be. Transparency is not the word or the practice nooras have ever heard about.
PIA used to give out free hajj packages to it's employees along with their families.You're spot on! Air India is going to be privatized soon. As the saying goes, a government has no business to be in business!
Air India had become the handmaiden of the politicians and the bureaucrats. Imagine officials of Air India even after retirement are given free business class tickets for life to travel anywhere in the world ALONG WITH THEIR FAMILIES!!!! WTF? And that's funded from tax payers money for God's sake! WE pay for their binges!
PIA must be in the same predicament.