No free meals on AI’s shorter flights

New Delhi: A day after the central bank approved the financial restructuring and turnaround plan for the national carrier, the Air India board decided to lease out excess capacity of two 747-400 aircraft and some 777-200 LR aircraft –at a future date – after the induction of Boeing 787.
The board approved the issue of RFP for 787 aircraft under the sale-and-lease-back mechanism, pending a final clearance from the Centre.
As a cost-saving measure, sources said that the airline also decided to withdraw meals from flights of less than 90 minutes' duration. It is expected that the carrier will save around R20 crore annually through this measure.
The board reviewed the operations of the company and the progress on the implementation of the turnaround project (TAP) and the financial restructuring plan (FRP).
30/11/11 Financial Express

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Categories: Air India Nov 2011