In the UK the airline and telecom privatisations were largely successful (BA, Rolls Royce, BT, etc). BP did okay too.
For some reason things that happen in the air seem to privatise much better than things that happen on the ground.
MG might be the exception, but it’s a bit of a weird situation in that it went from being owned by a loss making British state owned enterprise (Leyland) to being owned by a loss making Chinese state owned enterprise (SAIC). Still makes popular, cheap and not very reliable cars though.
For some reason things that happen in the air seem to privatise much better than things that happen on the ground.
MG might be the exception, but it’s a bit of a weird situation in that it went from being owned by a loss making British state owned enterprise (Leyland) to being owned by a loss making Chinese state owned enterprise (SAIC). Still makes popular, cheap and not very reliable cars though.