Air India operational performance looking up

Mumbai: Air India’s performance and operational revenue generation has improved dramatically in the last six months.
And this can be gauged from the fact that the airline earned Rs28 crore passenger revenue per day in the first half of this fiscal against just Rs23 crore in the same period last year, an improvement of 22%.
This, when the number of passengers carried across Air India network every day in H1 increased by only 16% to 35,423 against 30,89 in the corresponding six-month period last year. Obviously, the airline earned better yields across its network during the period under review.
Passenger load factor (number of seats occupied per aircraft) increased 8% to 67.1% from 62.1% during the first half of last fiscal. And yield (average revenue per mile per paying passenger) improved by 13% to 3.3 against 2.92. According to data available with DNA, the airline declared operational profit for the first time in more than two years, but only on the domestic leg. It posted Rs87 crore profit against Rs23 crore loss in the same period last fiscal. Even in international operations, losses were down 55% to Rs503 crore against Rs1,119 crore in H1 FY2010.
01/11/10 Sindhu Bhattacharya/Daily News & Analysis

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Categories: Air India Nov 2010