Wednesday, November 21, 2007

NACIL likely to augment domestic services

Kochi: The National Aviation Company of India Ltd. (NACIL), born out of the merger of Air India and Indian, is working on a draft to review the fleet strategy for six years post-2011, V. Thulasidas, Chairman and Managing Director of Air India, told a press conference here on Monday.
“The draft to be complete within the next one to two months will be placed before the government for approval,” Mr. Thulasidas said.
The draft proposed to augment domestic services, considering the phenomenal growth in the area. It discussed the proposal for enlisting Air India Express for domestic services.
He said acquisition of 111 aircraft, 68 by Air India and 43 by Indian, would be completed by 2011. The NACIL would then have a fleet strength of 135 aircraft.
He said though the merger of Air India and Indian was over in the legal sense, according to Accenture, the consultant, the physical integration would be completed in 18 to 24 months.
While Air India Express would retain its name, other international and domestic services would be under the common name Air India.
21/11/07 The Hindu
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