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SATURDAY, NOVEMBER 28, 2009
Does India need the Maharaja?
Whenever thrown into competition with private players, the state-run airline has consistently lost business
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In an Era, which is epoch making by itself, where most of the Wall Street 'biggies' have fallen on their follies, having either folded-up/ been acquired by rivals or been proped up by US Tax Payers money, the article is naivete at its best. Have we forgotten how these 'efficient' private airlines were adding aircrafts and routes as if they were on a weekend spree cracking open 'beer bottles out doing each other, ofcourse it was 'private' money then and it was 'their' business! Do these efficient airlines do any 'Haj Charters' leave alone maintaining their social responsbility routes to the North-East! At a drop of the hat these 'Party Boys' have cartelized the market and at the crunch time gone to the Government with a begging bowl at the tax payers expence, of course. So much for a 'free market' ain't it?!.
Rahul
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