AI's revenue rises 26% to Rs 3,577 crore

Mumbai: Riding high on the upsurge in air-passenger traffic, national air-carrier Air India has clocked a healthy growth in revenues besides a significant improvement in yields and seat-factor in the April-July period, a source said.
AI carried 7.1 lakh passengers on its domestic network with a 17.3% market share in July.
“The airline clocked a 25.8% growth in revenue at Rs 3,577 crore in the first four-months of FY11 against Rs 2,843 crore in the corresponding period of the last fiscal,” a source said.
The rise in revenue has been across both domestic and international operations, the source said, adding the air-carrier has clocked a robust 43.1% growth in revenue on domestic operations during this period.
06/09/10 PTI/Economic Times

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Categories: NACIL Sep 2010