Changi Airport authorities are taking first steps to corporatisation
My opinion? I have qualms about it, although I understand why some people think its better that way. My belief is that however there's no other body, even privatised government corporations who can run airports and keep prices affordable and available for all users. A privatised airport corporation however, will increase prices- because at such current rates of charging- and considering the overall maintenance, it's not profitable for any company, state-owned or otherwise.
But a higher price for profit reasons means many people would be overcharged. And this means that people will pay less or travel less for their holidays and this would affect business in the tour companies, in the service restaurants at the airport and affect foreign tourists coming in as well. And that would lead to even more retrenchment across the board as a result.
This also goes in the face of what MM Lee said after the Budget was unveiled- that is, that the government, ran by his party, has now have to save jobs as its main priority. But to privatise is to go against all notion of saving jobs in the industries that depend on cheap travel, and would only make the economy worse, and get us back into a even more vicious cycle.
The government should reconsider immediately, especially in light of the global financial crisis. This is not good for anyone at all.
1 comment:
I have this feeling that what is good for the Government is not good for the people.
Just like the power plants sold by the Government meant to be good! Government has no say now that how we are charged on electricity bills. Remember the recent increase in our utility bills! I consumed less but paid more...
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