Air India sees tailwind in nonstop flights to US

New York: Air India is banking on the US market to return to profitability.
The India-US sector has been the largest revenue generator for the national carrier, contributing around 26% of its revenues for 2006-07, way ahead of the Gulf. That is reason enough to renew focus on the US market.
The airline recently started a nonstop service between Delhi and New York, on the lines of its Mumbai-New York flights.
But, already, it is looking at a 26% growth in revenues from its US operations this fiscal, to Rs3,300 crore (Rs2,615.76 crore).
AI officials declined to give an estimate of revenue growth during 2008-09, the first full year of nonstop operations to the US. They affirmed, though, that the nonstop flights would not be replacing flights via London.
Another nonstop service from Bangalore to San Francisco would be launched later this year.
13/02/08 Sindhu Bhattacharya/Daily News & Analysis

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Categories: Air India - International Feb 2008, Foreign Feb 2008, NACIL Feb 2008