1 00:00:02,750 --> 00:00:17,033 (Phone rings) 2 00:00:17,033 --> 00:00:19,034 Nira Radia- Yes Surojeet! Surojeet- Hi, how are you? 3 00:00:19,034 --> 00:00:31,340 Nira: I am ok he has an offer and he is not gonna take it. Don't ask, don't mention it because basically at the end of the day Jadav Patel met him, -whatever his name is Jadav - Ya or - Surojeet- Ya ya.. 4 00:00:31,340 --> 00:00:45,180 Nira- He met him and asked him and you know, as far as...There are so many ills of the airlines...ye tum likhoge to nahi (you will not going to write this, are you)? Surojeet- Haan ekdum likhenge (yes, will write, of course) I am writing an edit on how Patil has screwed the airline. 5 00:00:45,180 --> 00:00:53,166 Nira: Yeah, so basically now what they trying to do all the deals they are made, they trying to ratify it by having someone like Ratan Tata there. 6 00:00:53,166 --> 00:00:55,188 Surojeet- Just to... 7 00:00:55,188 --> 00:01:03,941 Nira- Yeah, you know...instead of getting...it's been...basically what have they done?- They've done bilaterals, they've given away with the asset from the airline. 8 00:01:03,941 --> 00:01:19,218 Surojeet- Absolutely. Nira- Their attempt was the (inaudible) the airlines so that two carriers would benefit na, So given the thankfully their economic downturn cause them a problem also, otherwise ye airline ko bech dete (they would have sold the airline). 9 00:01:19,218 --> 00:01:39,613 Surojeet- Hmm, hmm, hmm. Nira- So now they are trying to bring Ratan Tata in to show the Prime Minister- ki (that) they're gonna do something...to wo to nahi kar rahe (he is not going to do it) he is not stupid na... He knows that Patel is using him to ratify his own dues that he is done... to wo to nahi karega ...wo to mujhe nahi lagata ki (then, he will not do it, I don't think that) he is going to take it on, anything. 10 00:01:39,613 --> 00:01:47,704 Nira: And I think the government's gonna, Prime Minister's gonna have to step in and take over the charge of national carrier. Surojeet- Yeah, absolutely otherwise nahi hoga (it will not happen). 11 00:01:47,704 --> 00:02:25,375 Nira: You can't leave it to Prafull Patel, I think if you are writing then you should write na how he's screwed up the airline. Surojeet- Nahi nahi (No no), I am doing, I am doing for their sake I am doing of how he played the whole bilateral game, and how he...gave right to the - I was waiting for the figures I have got all the figures, I mean how Etihad was, Etihad airlines was nowhere three years ago now it is fourth largest airline in India. Then Emirates, we got some very interesting figures like in 2004 when he came, -there were 2.5 million seats given on the Middle East route now it is 7.5 million. 12 00:02:25,375 --> 00:02:44,481 Nira- Yeah, And one other thing is the time of disinvestment when Air India was disinvested, -the most intrinsic value of Air India was bilaterals, barring the... hangerage and of course the ground handling and all that they had. Now even that's open. With the privatization of airport is open to all... Surojeet- Yeah ... 13 00:02:44,481 --> 00:03:02,537 Nira: Question of that having any value no longer applies 'cause they've got old equipments now. So at best what the value of Air India becomes is real estate which is what these two private carriers want. Unko tho hangerage chahiye na so this (inaudible) (They want hangerage -inaudible-). Surojeet: The asset was essentially bilateral and hangerage. 14 00:03:02,537 --> 00:03:17,292 Nira: But no it was ground handling, it was MRO, it was all their backend engineering capacity including the hangers and space in Mumbai. ...but now with the privatization of airport that all changes, you see? Surojeet: Yeah yeah.... 15 00:03:17,292 --> 00:03:27,949 Nira: In any case ground handling and MRO is now open to all...so they're destroyed now... The very people who are now trying to revive the - revive Air India gave away the bilaterals, destroyed its value. 16 00:03:27,949 --> 00:03:49,635 Nira: Remember that the forty MPs that opposed the disinvestment of Air India and this thing- included Prafull Patel and Sharad Pawar. It was Sharad Pawar that wrote to Vajpayee saying - why are you not allowing to Naresh Goyal to bid for Air India so... Surojeet- You wrote a letter, is it? 17 00:03:49,635 --> 00:03:54,855 Nira- Bahut purani letter hai, Surojeet, use dig karne me mujhe It's a very old letter, Surojeet, to dig it out I'll)...I will have to go into storage - 18 00:03:54,855 --> 00:03:55,885 Surojeet: Achaa achaa (Yes, yes) 19 00:03:55,885 --> 00:04:18,211 Nira: But it is there, it's on record and I can assure you...nothing will...you will not be quoted wrong on it. And why was he not allowed. And these are the very people that are...there are today trying to...so called trying to put up a facade that they are trying to revive it. At that time the debt of airline was 3,000 crore in '98. Surojeet: Ok. 20 00:04:18,211 --> 00:04:38,614 Nira: Taken it up to 14,000 crore and uh... -you know, they've taken it up to 14,000 crore, what is left? Huge huge huge orders what are they gonna do with these airlines, when the bilaterals have been given away to everybody else in the competition. 21 00:04:38,614 --> 00:05:18,506 Nira: And then don't forget to write about the merger. Surojeet- Yeah. Nira: I mean what...What good was the merger? It has only increased the problems. In fact what you should have you done, which is what the earlier government was trying to do was divest ground handling, divest um....this thing, MRO, so they could became the separate profit centers. Divest meaning Air India, Indian Airlines would still would have equity in it, and they would've still been in the majority player but divest it so they coulld have become separate profit centers and convert Air India, Indian Airlines into a virtual airline operation which is what is done the world over. 22 00:05:18,506 --> 00:05:26,593 Nira: These are the very people that opposed it. They stopped these facts and the SIEC deal happening, you remember? Surojeet: Yes, absolutely. 23 00:05:26,593 --> 00:05:35,120 Nira: And then they brought in middle men like Deepak Talwar and everybody else to do deals for them on bilateral. Surojeet: Get all those bilaterals from Middle East. 24 00:05:35,120 --> 00:05:50,156 Nira: Yeah,yeah...so he worked to a conspiracy of the Middle East carriers -to destroy the national carriers successfully, pura aise strip kiya hai airline ko (the whole airline has been stripped in this way). Surojeet: Aur abhi badi badi baten kar rahen hain logon se (And now he's talking big). 25 00:05:50,156 --> 00:05:55,159 Nira: Arrey ab kya (What can we do now). What he is trying to show now that he is turned it around? 26 00:05:55,159 --> 00:05:58,657 Surojeet: I am going to get a CEO, I am gonna - all rubbish, ya! 27 00:05:58,657 --> 00:06:18,183 Nira: Nobody can turn this airline around, if they ever want anything to do they should bring Sunil Arora back. He is the only - Surojeet: Only guy. Yeah absolutely. Nira: Nobody else can do it. Nobody in the...you know, he is the only one who brought uh...profitability to Indian airlines in many years. Surojeet- Absolutely... 28 00:06:18,183 --> 00:06:34,770 Nira: Yeah so it was pretty much of a mess yeah...kya ye log (these people) toh Ratan Tata is not stupid fool, he is so...he will just write and tell them that he is not interested. Woh jab aayega letter toh main tumko bhej dungi wo abhi (When he returns I will send you the letter)...he is in Israel right now. 29 00:06:34,770 --> 00:07:08,391 Surojeet: We can say he is not going to accept. Nira: I think he should say that you know he is unlikely to, given that in his previous tenure as chairman of Air India, he went through a traumatic time. The same lobbies had worked against him to ensure that he didn't get Air India at that time, had worked against him even on the domestic airline. And I think that, you know... that and he is far too occupied he's got his own businesses today to run. 30 00:07:08,391 --> 00:07:13,860 Nira: You can write that yeah. Kya bhai ye log pagal log hain (What are these people, they are mad) 31 00:07:13,860 --> 00:07:21,537 Nira: TOI bhi kar raha hai ye (TOI is also doing this) story I am telling you, just letting you know. Ye log bhi ek centre spread kar rahen hain pura Air India pe (These people are doing a centre spread on Air India). 32 00:07:21,537 --> 00:07:23,287 Surojeet: Kaun? (Who?) Nira: TOI. 33 00:07:23,287 --> 00:07:44,078 Surojeet- Achha Nira - Pata nahi kab kar rahen hain, abhi inhone likhna shuru nahi kiya lekin mujhe call aayaa tha kal ki please, help kar de (I don't know when, they've not begun writing it, I got a call yesterday saying please, help out). So I said that I am so caught up in my own this thing, but whatever some little pieces I know I let you know...that's why. But Jadav gaya tha Ratan Tata ko milne ke liye han (But Jadav went to meet Ratan Tata)... 34 00:07:44,078 --> 00:07:49,861 Surojeet: Achha achha. Nira: He had gone to meet him on the request of Prafull Patel. Surojeet: Achha. 35 00:07:49,861 --> 00:07:54,362 Nira: Prafull Patel himself should have gone and asked Ratan Tata. Surojeet- Hmm, hmm. 36 00:07:54,362 --> 00:07:57,695 Nira: Toh Prime Minister ko jake puchhna chahiye tha ki (Should've asked the Prime Minister), why should Ratan Tata? 37 00:07:57,695 --> 00:08:01,138 Surojeet: Ramadurai ka nam bhi liya ja sakta hai (Ramadurai's name can be taken as well.) 38 00:08:01,138 --> 00:08:11,138 Nira: Haan, I don't know Ram will take it, you know I don't know. I mean, his independent capacity if he wants to take it that's up to them Surojeet- Hmm. 39 00:08:11,138 --> 00:08:21,504 Nira: But I think the Tatas feel I mean, at the end of the day, these were the very people who tried to stop him coming into the airline sector, And had they come today this would not have been the case of Air India. 40 00:08:21,504 --> 00:08:30,669 Surojeet: Eventually they will get a Sam Pitroda, useless fellow.. Nira: Kya hoga, kuchh nahin hoga (Nothing will happen). Surojeet: Woh kuchh nahi karega wo faltu ka, bade bade lecture marega yahi sab hoga (He won't do anything, he's useless, he'll just give some big lectures.) 41 00:08:30,669 --> 00:08:35,523 Nira: They need an operating guy, they need man like Sunil Arora back. 42 00:08:35,523 --> 00:08:49,967 Surojeet: They will get the CEO from some fiang (foreign) place and say we have got - Nira: Kya karega woh, Air India union ko handle karna (What will he do, handling the Air India union) you know what is like na, No firang is going to be able to handle that. Surojeet: He'll run away after one year. 43 00:08:49,967 --> 00:08:53,752 Nira- Chalo ok then, take care, bye... Surojeet- Thanks. (Tape ends)