Private investment goes to efficient and profitable organisations and not in very inefficiently managed IR which carry 90% of its paxs on highly subsidised fares.
IR has been borrowing very heavily from market for speeding up construction of projects. Loan repayment will be difficult task in future. This may improve the financial condition of IR and may not depending on how efficiently this huge amount borrowed is spent. Some steps must have been taken:
(1) Critical review of on going projects and prioritising them based on profitability an operation requirements. Unwanted and loss...
more... making projects need to be modified/ freezed for the time being.