Bailout needed for aam admi, not for airlines: BJP

Last Updated: Saturday, November 12, 2011 - 21:27

New Delhi: BJP on Saturday came out strongly
against any government attempt to bail out debt-ridden
Kingfisher Airlines, saying it is not the private sector which
needs to be rescued but the common man who is facing the brunt
of price rise and corruption.

"The problem with Kingfisher airline is due to its own
mismanagement. There are some airlines which are making
profits while some are running losses. But government is not
required to bail out the loss making units," BJP spokesperson
and former aviation minister Shahnawaz Hussain told PTI.

He also insisted that Kingfisher Airlines does not need
a bailout from the government.
"A bailout is needed for the aam admi (common man) who
is bearing the brunt of huge corruption and price rise under
the UPA government. But it appears the government is more keen
on bailing out an airline and not the common man," Hussain
said.

Aviation Minister Vyalar Ravi had indicated that the
government may explore ways to help Kingfisher Airlines.

Yesterday, BJP leader Yashwant Sinha had also said there
was no ground for the government to help the ailing airline.

"There is no case for a government bailout. Kingfisher
Airlines can merge with another airline, or sell-off or
whatever...," Sinha had said.
He insisted that the pre-liberalisation practice of the
government taking over a sick private sector unit and running
it at a huge loss to the exchequer has been given up.

PTI



First Published: Saturday, November 12, 2011 - 21:27

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