Nacil eyes 50% revenue growth

New Delhi: As 2008 draws closer, National Aviation Company (Nacil), the entity formed after merging Air-India and Indian Airlines, is all geared up to welcome the New Year with its own set of resolutions.
The highlights of its plans for 2008 include induction of 20 new aircraft in its ageing fleet, commencement of a non-stop flight between Delhi and New York in February and Bangalore-San Fransisco thereafter. Also, the carrier’s regional operations would get a boost with the induction of two 70-seater CRJs. This will help the company’s low-cost venture Air India Express as JetLite, another low-cost carrier, will start its flights in the Gulf sectors from January.
Next year, after Nacil receives deliveries of 111 aircraft that it has already commissioned for, the company has to then decide on how many more aircraft it will have to induct after 2012. Though company officials declined to divulge the order size, they pointed out that of the 111 new aircraft coming in as part of an old order, 80% would be used to replace old planes.
28/12/07 Sindhu Bhattacharya/Daily News & Analysis

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Categories: NACIL Dec 2007