Good times for Air India as Kingfisher flies into turbulence

Mumbai/New Delhi: The loss of crisis-ridden Kingfisher Airlines seems to be turning into gains for the cash-strapped national carrier Air India.
Air India's passenger load factor has improved during the past week with the cancellation of flights of Kingfisher Airlines.
The load factor, which generally hover around 70-72 per cent, has gone up to 75 per cent, according to a top airline official.
And to drive home the advantage, Air India is trying to keep its employees in good humour.
On Saturday, it released an instalment of pending allowances to its employees and said it would pay the last month's salary on Monday.
"We have today released Productivity-Linked Incentive (PLI) for all eligible employees and will be paying the October salary on Monday to all our staff," a top airline official told PTI.
With these payments, no salary would be pending and the number of unpaid PLI instalments would be reduced to about three, he said.
The official expressed hope that the pending PLI instalments would be paid in the months to come as soon as the government approved the turnaround plan for the airline.
12/11/11 Times of India

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Categories: Air India Nov 2011, Kingfisher Nov 2011