Hey guys ! (1.) whats your thoutghts about the privatisation of Airline's??.Of india.
(2) Is this is necessary for upgrade?
(3). what are advantages of privatisation of airline in Europen countries.??
(4)Do you think india will get benefits through privatisation of airline as the profits gained by Europen countries.??
Answers
Answer:
- Positive Impact. There is a big possibility that Air India will get revived after getting privatized. since we are aware of this fact that, the government-owned aviation company is facing tough competition from the private players. The private company is more efficient in technology, resources, etc.
3. Advantages and disadvantages of airport privatization
Currently not a big percent of the World’s commercial airports are managed by the private sector. Still, the success gained by the private sector pushed others to invest in this venture. There are many factors responsible to make this industry attractive for investors (Frost and Sullivan, 2006, Para 5):
During the last seven years strong growth prospects in air traffic have been observed.
Growth in passenger traffic has improved profit margin.
Strong commercial opportunities still remain to be exploited.
Certain difficulties in entry for new companies in this market that gives chance to existing participants to improve their earnings.
Fewer risks in exchange rate fluctuations as airports revenue is in hard currencies and the dollar or the euro dominate the travel and tourism industry.
Following are some potential benefits of airport privatization (Poole, 1994, Para 32):