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 Last week, the new Minister for Civil Aviation, Mr. Vyalar Ravi was widely quoted in the media as saying that his “top” priority was to ensure that Air India regains its “lost glory”. Anywhere else, such a statement would have drawn criticism for its partiality towards a single player. However, >>read more…   Despite so much evidence to the contrary, our esteemed ministers remain ignorant about the positive effects of market forces. The latest example of this is the brouhaha (love the sound of that word) over domestic airfares. The Aviation Minister, Mr. Praful Patel publicly came out against the “exorbitant” airfares charged >>read more… It is with a mixture of cynicism, despair and resignation that most Indians view the continuing fiasco at Air India (or Nacil). In a company that is grossly over-staffed, provides abysmal service quality and makes losses consistently, the specter of striking pilots is akin to absurd drama! >>read more… |
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