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For quite some time Air India, our national carrier and once our pride, has been in the news, though for all the wrong reasons. Huge financial loss, unsatisfactory service, unhappy employees, mismanagement and, capping it all, bureaucratic bungling, put one of the world's premier airline in the red.
However, AI top brass may draw comfort from the fact that none of the national carriers in the region is doing too well. With ageing and limited aircraft, Bangladesh airline Biman is finding it hard to keep the head above waters.
In 2010, Sri Lanka Airlines posted an operating loss of LKRs 627.2 crore despite 24 per cent increase in passenger traffic. And Pakistan has announced the Industrial Policy 2011, which proposes to restructure Pakistan International Airlines and Civil Aviation Authority, among other state enterprises, putting a drag on state resources.
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