Showing posts with label Airlines. Show all posts
Showing posts with label Airlines. Show all posts

December 5, 2011

On Airlines Industry


You know that old joke about making a million in Airlines Industry. Start with two million. What folks dont know is that Capt.Gopinath also ran an Airlines to ground after taking Rs.700 crs. from a UK-based businessman. Then he tried to sell it Anil Ambani. After that misfired, he found Mallya an easy bait. With that money, Cargo Jet services were launched before it teeters on the brink of bankru...ptcy. On top of that, he wrote a painfully long autobiography of how AirDeccan was formed. Never read a more painful book in my life. Mallya, on the other hand, is crying baby. This is like RajKapoor growing a stubble before meeting Censor Board members to spare censorship of sexy scenes that will rake in the riches. If only bankers realise to ask for pledge of shares of the other cash-rich companies - the ones that keep us in high spirits. Funny, how the best of the lot can get fooled. I am not just upbraiding any Airlines here, but Indigo and then Jet and then Spicejet are my pecking order of airlines to fly with on a clear day. As for Kingfisher, I guess this year there will be no Calendars for 2012 because the owner has become the new poster-boy and "shoot at site" orders may come marching anytime.

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