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Pakistan set to partially privatise PIA

 
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The_Goat
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Joined: 03 Mar 2007
Posts: 3260
Location: South of France
PostPosted: Thu Sep 12, 2013 11:19 pm    Post subject: Pakistan set to partially privatise PIA Reply with quote
http://timesofindia.indiatimes.com/world/pakistan/Pakistan-set-to-privatise-national-airline/articleshow/22523583.cms

26% means that whoever is investing will have some say in things. That's got to be good.

and a certain neighboring country should do the same, but won't.
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Spiderguy252
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Joined: 10 Aug 2007
Posts: 4259
Location: Indian Ocean
PostPosted: Fri Sep 13, 2013 11:34 am    Post subject: Reply with quote
Even the world's average carriers seem to have a headstart on the Indian ones when it comes to all manner of things, from alliances to privatization. UL, ET, MS, SV and now PK, who's next?
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jasepl
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Joined: 26 Jul 2008
Posts: 4257
Location: bund-bay
PostPosted: Fri Sep 13, 2013 11:42 am    Post subject: Re: Pakistan set to partially privatise PIA Reply with quote
The_Goat wrote:
http://timesofindia.indiatimes.com/world/pakistan/Pakistan-set-to-privatise-national-airline/articleshow/22523583.cms

26% means that whoever is investing will have some say in things. That's got to be good.

I expect that "some say" to include:
- moving the hub from ISB and KHI to somewhere else
- being forbidden from flying directly to 3-4 entire continents, plus a few other countries
- Sayonara to the chairman's wife
- Sayonara to a couple of CEO and CFO types
- permanently grabbing the ankles
- relinquishing 75% of board membership
- relinquishing all control in everything

Because that's what a minority sale means, obviously. Smile
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sumantra
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Joined: 28 Oct 2007
Posts: 4685
Location: New Delhi
PostPosted: Sat Sep 14, 2013 4:19 pm    Post subject: Re: Pakistan set to partially privatise PIA Reply with quote
jasepl wrote:
I expect that "some say" to include:...
Hilarious, Jason! A brave and progressive decision from the Pakistan Government.`PIA aiso jiyA mein samAy gayo re' Smile
Cheers, Sumantra.
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