Qatar Airways buying PIA?

[Rau]

Can 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.

 

[SHAMK9]

Can 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.

Wait for government to make an announcement

 

[runa moosani]

Sometimes i feel like PDF is a gossip forum

 

[OTTOMAN]

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.

I don't think we have any sort of ideas like you plan.

 

[WAJsal]

Pakistan ko bhi privatize kar doh.

 

[OrionHunter]

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?

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.

 

[OTTOMAN]

I hate Qatar but i long for PIA privatization, even more!

 

[WAJsal]

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!

Now that's what you call F u ck ** d up.

 

[WishLivePak]

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.

@Vinny

 

[Viny]

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.

Every coin has two sides.
A bullet can kill your enemy or even yourself.

How many politicians do you think pay ticket prices in domestic private flights? All of them will come up with saying that it was a sponsored ticket and the result of sponsored tickets are more costly to country then the cost of some free tickets in business class of domestic airline.

Also do note a lot have changed over the due course to take care of this menace.
None the less Air India will get on the route of priviatization, but by then major agencies in India will have there own range of air support system. And dependence of Air India for strategic solutions will be reduced.

 

[airmarshal]

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.

 

[WishLivePak]

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.

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.

We have some 20,000 people on payroll, most of them who do nothing. These people then retire and continue to eat up PIA money. Then lets not forget these very 20,000 people getting free tickets and many luxuries, same going for retired people.

Air Canada was plagued with retirement issue as well and it had to get billions of dollars from gov't.

I know you have personal hate for Nawaz, but mark my word, even if Imran was in power, he could not turn PIA around. PIA needs a few billion dollars to pay off its growing debt, to fix its airplanes (they have to salvage working aircraft to fix another!) and lay off 15,000 workers which is impossible without severe backlash.

Qatar airways will be removing lazy people from job, so maybe like 2-3k and also introducing more airplanes which can help reduce the employee-airplane ratio.

 

[Cheetah786]

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...

In today's day an age national airline is a big NO NO......

 

[xyxmt]

Yes may be. Transparency is not the word or the practice nooras have ever heard about.

men with the money dont want to compete with you in open tender, I dont give a damn about hiring consultant and writing proposal, I give you X dollars if you want to sell it, if it suits you. or you can have transparent open tender and open to manipulation by participant which may bring the price down to x-10. does being transparent means you will get the best price...not at all.

 

[SHAMK9]

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.

PIA used to give out free hajj packages to it's employees along with their families.