Air India owes more than $8.6 billion and has struggled to pay salaries and buy fuel, with losses mounting following earlier privatisation attempts....
The company’s debt mountain may be hived off in a bid to make it more attractive to potential buyers, according to media reports....'
The above is quoted from theindependent.sg. It is a big surprise that India with so many talents could run its airline to the ground, in a mountain of debt. Let's see who should be blamed for this. Could it be that India had sent all its talents to help Singapore, including helping Singapore Airlines? If it is so, then Singapore must be blamed and must compensate India for such a big sacrifice. On the other hand, if not so, then Singapore must not bring in Indian talents to help SIA unless it wants SIA to be like Air India. This is funny, how come so many Indian talents helping Singapore companies to grow and make more profits but could not help Air India? Maybe India has talents in every industry except running airlines. Or maybe all the Indian talents flying to Singapore flew in SIA and not Air India.
So it is payback time for Singapore. Singapore should help India by pumping a few billions into Indian Airlines to save them or else many more Indians would be unemployed. After all we have so much OPM to spend and it is only right to reciprocate for so many Indian talents helping us and providing employment for Singaporeans. It is Singapore's fault for stealing all the talents from India. India, please stop sending your talents to teach Singaporeans how to do business, how to run an airline successfully.
I am trying to find a way to say that it is China's fault but unable to find a good reason for it. China did not steal India's talents. The most China could do is to sell cheap wares to lower the cost of operating Air India. So Singapore is a good scapegoat for the failure of Air India. It has to be, after taking a million of its talents to make Singapore's economy so healthy, with all the talented Indians in top posts earning millions of S$ instead of rupees. And because of CECA, SIA can fly to many Indian cities to pick passengers, to steal Air India's passengers, to steal the lunch of Indians. This type one benefit only Singapore cannot lah.
What do you think? Can't believe it, India has so many talents but cannot run its own airline but can run other people's and country's companies so well, including many Singapore companies and banks.
PS. Leaving for Kuching this morning. Will try to post when possible.