Sale of Roosevelt Hotel in New York City

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smhusain_1
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Posts: 225
Joined: Sat Jul 19, 2008 1:16 pm
Location: Brampton, Ontario, Canada

Sale of Roosevelt Hotel in New York City

Post by smhusain_1 »

The government with aviation division included, recently held a meeting to dispose off this hotel, which is a PIA asset. This was immediately after the ban imposed by Europe and the UK on PIA operations for 6 months unless certain conditions were met. The ban can be appealed.
I would like to know from the readers here what is the position of the government regarding this asset of PIA, who really owns it, and why there was no protest from PIA circles on this meeting. Never mind that the decision was later put on the back burner. How could it happen without the participation of the board of directors? Did the MD PIA participate or why he did not protest?