Wednesday, November 02, 2016

Air India looks at a bigger operating profit in FY 17

Air India is confident to substantially increase its operating profit in the present financial year after clocking its first operating profit in the last fiscal since the merger between AI and Indian Airlines.

AI made an operating profit of Rs 105 crore in the last fiscal as compared to an operating loss of Rs 2,636 crore in 2014-15.

With fuel prices remaining low and AI set to add new planes – Boeing 787 Dreamliners and Airbus A320 Neos – things should only get better for the national carrier, believe industry experts.

AI, under Ashwani Lohani, has expanded both its international and domestic network since August 2015 adding destinations like San Francisco and Vienna.
01/11/16 Anupama Airy/Defence Aviation Post

0 Comments: