Plus, it should not be forgotten that MJ achieved this profit with its A321 solely financed by a direct cash injection from the treasury, whereas UL had self financed 1 332, 1 320 and 1 DHC in the year. I still hope that Mr. Manoj is appointed to a higher role as it will be critical to have someone with industry insight to run a FSC. And honestly, if the volatile fuel prices continue, MJ will likely incur a loss this year. Nevertheless, I hope the best may happen for UL and may Mr. Kapila prove to be an even better CEO. However, I am honestly skeptical about having someone without much industry knowledge to head a FSC - would have been fine for a LCC.
This is nothing against Mr. Kapila, but wherever a FSC is profitable and successful, a knowledged executive with years of aviation experience is behind - be it TC at EK or Mr. Tony Tyler at CX.
This is nothing against Mr. Kapila, but wherever a FSC is profitable and successful, a knowledged executive with years of aviation experience is behind - be it TC at EK or Mr. Tony Tyler at CX.
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