Dr.T.V.Gopalakrishnan (Mumbai)
The article is to the point and very candid. Mr Vijay Mallya should be sent out from KingFisher Airlines and of course protecting the banks' interest and other stakeholders'interest. The airlines should be handed over to professionals to run the show. Public Money cannot be wasted for a particular individuals' life style and flamboyancy. People are watching and any support with the public funds to the Airlines will incur the wrath of the public and support of the customers. Vijay Mallya can divert the resources from United Breweries and keep himself away from KingFisher. There are professionals who can manage the Airlines better.The potential for Airlines Business is very high in India and needs to be fully exploited. Pricing is an area where more attention is needed and wastage of resources needs to be totally avoided. Instead of extending financial aid to KingFisher, the Govt can think of giving some relief to Airlines in the form of lesser tax and duties on oil, airport charges etc. There is ample scope for rationalisation of costs and make the Airlines business attractive.Market is strong in India and it needs to be supported..
(This appeared in ET dated 4th March 2012).
The article is to the point and very candid. Mr Vijay Mallya should be sent out from KingFisher Airlines and of course protecting the banks' interest and other stakeholders'interest. The airlines should be handed over to professionals to run the show. Public Money cannot be wasted for a particular individuals' life style and flamboyancy. People are watching and any support with the public funds to the Airlines will incur the wrath of the public and support of the customers. Vijay Mallya can divert the resources from United Breweries and keep himself away from KingFisher. There are professionals who can manage the Airlines better.The potential for Airlines Business is very high in India and needs to be fully exploited. Pricing is an area where more attention is needed and wastage of resources needs to be totally avoided. Instead of extending financial aid to KingFisher, the Govt can think of giving some relief to Airlines in the form of lesser tax and duties on oil, airport charges etc. There is ample scope for rationalisation of costs and make the Airlines business attractive.Market is strong in India and it needs to be supported..
(This appeared in ET dated 4th March 2012).
No comments:
Post a Comment