Why are India Airlines facing huge losses but SIA still making big profits?

SINGAPORE: The news last Thursday (May 14) of Air India’s losses doubling to more than US$2 billion in the latest financial year has raised questions over the mounting pressure on the sector, coming two weeks after India’s aviation trade body sounded an SOS to the government.

On Apr 26, the Federation of Indian Airlines (FIA), comprising Air India, IndiGo and SpiceJet, wrote to the government warning of severe financial stress driven by rising fuel costs and prolonged flight routes amid tensions in the Middle East. It sought a return to COVID-19 era cost caps on aviation turbine fuel (ATF) and a reduction or deferment in taxes....

Why are Indian airlines sounding an SOS when carriers across the world are dealing with the same war, the same fuel shock and the same uncertain skies? CNA

The aviation industry in India is close to being a monopoly in practice, and also Indian travellers' choice. Why should a near monopoly be losing big money? And another big halo that no one is talking about, superb Indian management talents! How can all the Indian talents be running down Indian airlines but Singapore with no talent Singaporeans is running SIA and making good money? And somehow, Singapore is craving to hire more Indian talents to help run Singapore and maybe help run SIA soon?

The grass is greener over the fence, especially in India in the minds of no talent Singaporeans. And there is this hope that by bringing in more Indian talents, Singapore will be saved from being run down and becoming third world. This is the current conventional wisdom in Singapore. Singapore needs to be flooded with Indian talents to survive.

But India has no fear about its airlines or banks losing money. They might as well scream louder that they are making even bigger loses and hope for some silly suckers to come and rescue them.  The biggest irony, or joke, the Indians have been bragging about how well the Indian CEOs are running American and western corporations but Indian companies in India are being run down by Indian talents. Does this ring a bell that something is not right? It seems that Indian talents are good at taking over already well run and managed foreign corporations and keep it running with the success momentum and good foundation. But they cannot run Indian companies that are already badly run, and with bad foundations and management practices in place.

With Indian companies in India failing, some jokers may think it is a good opportunity to grab these failing Indian companies, throw in good money to bad money, and hoping to turn them around. The obvious danger is that the dark pit is bottomless and for no talent Singaporeans. They cannot see the danger and think they can be better than the Indian talents to run Indian companies and nurture them to profitability. Good luck to bad rubbish. Let's see who are the silly buggers that are going to use OPM to dump into failing Indian companies...good deals. golden opportunities, once in a life time chance to invest in India and to make a fortune of rupees.

No talent Singapore still recruiting Indian talents to run Singapore and companies? Good time to snatch the Indian airline management team to replace no talent Singaporean team in SIA.

What do you think?

Modi is not in Trump's visitor list to the White House, kicked out and banned

Modi is visiting all the USA dog houses trying to cut deals with the doggies. Now I believe he is in Rome, escaping from the heat in India. With temperatures around 43 to 45% in the country, it is like standing right in front of a raging furnace. That is just for a start to the hot season, as it will get worse.

The role of India in BRICS is very clear for all to see. India is the trojan horse of the USA, sabotaging the agenda of BRICS. How could a country be loyal serving the USA in QUAD and being loyal to BRICS? Which is also why BRICS must never admit any of the European states in NATO to join BRICS, including Japan and South Korea. Of course, the USA will make sure they do not do so. BRICS is after all a coalition of countries whose ambition is de-dollarization. The Anglo-Saxon Whites still have to hide under the umbrella of the US$ hegemony and is doing everything to help its survival. I think BRICS does not want Singapore as well, right?

Iran fits the 'I' in BRICS perfectly and is doing great work selling oil in Yuan and even talking of collecting tolls across the Strait of Hormuz in Yuan. Now that is an affront to the USA, as doing it intentionally in support of de-dollarization is as provocative as dangling a piece of red cloth in front of a raging bull.

Now Trump is boasting about being 'cocked and loaded' against Iran. I would say 'cocked but hardly loaded' without having the bombs and ammunition to carry out his threat. We keep hearing about his ultimatums since even before the start of the war. Making weapons is not like putting together Lego Bricks. Time is not on the USA side.

Trump made the same ultimatum against North Korea during his de-nuclearization threat against Kim. He wanted de-nuclearization by Kim or else he will bomb North Korea to the stone age and reduce the country to rubble. He said he had a bigger button to press. What happened to all those threats? Figure it out.

Anonymous

Thank you Trump, for telling Iran what the Israeli terrorists are going to do

Trump said the USA is prepared for a massive invasion of Iran if talks fail. Does the USA have all the bombs, ammunition and gumption to do that? Gloating and boasting is one thing. Being able to do it is another. Trump had revealed more than enough to convince the Iranians that they should not be rattled by all the talking cock and singing songs. It is just to put pressure on the Iranians, nothing more.

Why is there a need to even invade when he already issued ultimatums and boasted about bombing Iran from the surface of the earth. Or bombing Iran back to the stone age. Or bombing Iran until nothing is left, turned to dust. Every day Trump has a new winning formula, just like during COVID. When one thing does not work, just invent another threat and another. The man is pure lunacy.


Anonymous

China's buying of Boeing and Airbus is only temporary. China will be self sufficient in matter of time

What deal is Trump talking about? China just said those are preliminary discussions, not deals in the bag.

I heard somewhere that Boeing had already been in discussion with Chinese aviation sectors about orders for 500 Boeing jets, not 200, for international service. If that is true, it means Trump is still living under a rock, agreeing to the figure of 200 jets and a making a song and dance about it.

China now has many options buying from Airbus as well, so using Boeing as leverage is no more useful. Moreover, China must also remember that Boeing is one of the top USA weapon's manufacturers within the Military Industrial Complex of the USA. Supporting Boeing is helping the USA to make weapons to target China in time to come.


Anonymous

Why is Putin in China? Relax man

 The standard narrative, Putin and China are consulting each other on what Trump said and how to deal with the American terrorists. This is a serious closed door meeting a four eyed meeting between the leaders of two superpowers.

Look at it from another angle, China and Russia are busy running their own countries and economies. No time for wars. And despite all the accusations and fabricated lies that China and Russia are having colossal domestic problems and struggling to deal with them, and evil America has no problems, winning wars and economy rock solid, everything is fine, Trump is so free to go attacking every country, messing around with the internal affairs of countries, telling countries what they can do and cannot do, and of course, having a great time killing Palestinians, Iranians, Latin Americans for fun.

The truth, Xi and Putin are very comfortable with the peace and economic progress in their countries. They are so free and relax that Putin just drop by for the weekend to have a chat with his good friend Xi and maybe play mahjong in Zhongnanhai, and have a good laugh at the circus that Trump brought to Beijing.

Putin and Xi are having a good time over tea and good food in the comfort of Beijing.  No sleepless night, no worries. What more can they ask for? Just let lunatic Trump to continue with his crazy and juvenile tantrums. Xi and Putin do not have to do anything when Trump is working so hard to destroy the evil American Empire.