Tuesday, October 11, 2016

Lohani rues lack of level-playing field for Air India

Ruing lack of level-playing field in competing with private airlines, Air India chief Ashwani Lohani today pitched for a “course correction”, saying the complex world of the public sector is no match before the output-oriented universe of the private players.

Lohani, who has been at the helm of the struggling national carrier, also said “hindsight is much less at work in the private as opposed to the public sector“.

His remarks come at a time when clamour continues in certain quarters that Air India —— which is surviving on a Rs. 30,000 crore bailout package spread over 10 years —— should be privatised.

“Often my airline is questioned on its inability to match the private sector on various operating parameters, and this is unfortunately always done without due appreciation of the fundamental reality that there is no level-playing field,” Lohani said in a blog.

According to him, the decision making processes, the contractual mechanisms, the checks and balances and the clarity in the mind of the owner are all widely different.

He also emphasised that the complex world of the public sector is no match in front of the simple output-oriented universe of the private.
10/10/16 PTI/The Hindu Business Line
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