The National Thanksgiving Day and The Constant Burden

The National Thanksgiving Day and the constant burden of taxpayers on the government's intent to regain the sick airline are seriously concerned. Malaysia Airlines, LOT Polish Airlines, Italy Alitalia, PIA and other state-owned airlines are virtually 'flag of discomfort' (as economists have noted) continue to carry out regular lifesaving Protecting Emotionally Responsible Trade A financial injection as a lecturer ignores all arguments to be considered otherwise.

In the formation phase of global commercial aviation

Planning a new route to arrest the perennial sinking syndrome of an incumbent national carrier is an important mission for national growth and success. In the formation phase of global commercial aviation, nearly every country with an established airline has state ownership and control of the airline representing its country in one form or another. Currently, there are 147 government-owned airlines operated by some 300 airlines in the world. The privatization of state-run airlines has continued over the past 40 years.

Despite favorable treatment of competitors, it is widely known that many of these flagship companies do not perform well and show no favorable results in terms of operational efficiency and profitability. Currently, there are 147 government-owned airlines among the 300 regular airlines in the world. For example, the European Commission had to deal with some controversial cases since the mid-1990s, including airlines such as Sabena (Belgium), Air France, Alitalia and Olympic Airways (Greece).

All of this has been blamed for receiving clear or subsidized subsidies or government preferences. Emirates, Etihad and Qatar are making similar claims to the world's largest airlines in the aviation industry. Although the state has considered the privatization of the state airline, there are many cases where it hesitates to make timely decisions. Decisions on privatization, privatization and / or reorganization will be postponed indefinitely. PIA is no exception.

One example is the Italian flag carrier Alitaliaairline, which spent $ 1.4 million per day when Etihad bought a 49% stake in the company and an aviation carrier with a commitment to invest $ 1.8 billion. In 2015, Etihad has proposed to buy 75% of the airline's shares and leave 25pc to Alitalia. There was some signs of recovery in 2016, but the airline again faced the possibility of bankruptcy in 2017.

China Eastern Airlines expressed interest

In early 2019, China Eastern Airlines expressed interest in the rescue plan of Alitalia and invested 100 million euros in exchanging a $ 1 billion stake. Changes in fortune and achievement continue to catch up with airlines that are experiencing a cash crisis. Though there are signs of bankruptcy, there is hesitation in the hierarchy that can give up the status of flag carrier airlines.

Another example is Malaysia Airlines. Khazanah Nasional, Malaysia's government fund, which owns 69.37% of the airline in 2014, publicly announced its intention to re-nationalize the airline by purchasing remaining ownership from minority shareholders and withdrawing from the Malaysian Stock Exchange. In 2019, it now plans to list airlines again after regaining financial stability. In May 2018, the cumulative loss of the PIA amounted to nearly RMB 321 billion.

The loss in May 2019 surged to Rs. 416.6 billion. As a result of continued loss records and significant government funding to keep the airline alive, the former government is pursuing privatization. As a result, the PIA Act of 1956 was amended in early 1956 to prevent the transfer of management rights to individual investors and to turn the company into a company.

International Monetary Fund through

The PIA has also been on the aggressive list of 'privatization' that former governments have shared with the International Monetary Fund through a $ 6.2 billion bailout package over the past three years. The best government owned government is the Ethiopian airline with 100pc of state ownership. The airline's employee ratio is about 1: 100. Airlines maintain political interference policies and continue to generate revenue from operations.

Few airlines are flourishing in the state. Ethiopian Airlines and Singapore Airlines, the main success factors for state-owned airlines are not to hinder the airline's business affairs, professional recruitment, long-term planning and political leadership of innovative and modern methods, practices and technology adoption.

Liberalization and fair competition of all competitors, with a focus on fleet modernization, revenue management, network analysis, optimal route selection / planning, and customer centricity, play an important role in the success of state-owned enterprises. Finally, for success, trade union membership should be limited or not at all.

Dr. Temel Kotil, CEO of Turkish Airlines, said, "After Turkish Airlines was privatized in 2006, Decision makers need to seek advice from world-renowned experts, privatize low-profile state airlines through experiments, and make timely decisions to continue treatment.

Nationality marks on aircraft or aircraft registered in Pakistan start with the prefix 'AP'. To provide fair competition for all operators, all AP registered carriers should be considered contributing carriers. I am the alumni and regional representative of Embry-Riddle Aeronautical University in the USA.
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