Wednesday, April 18, 2012

Air India posts healthy growth revenue; riding on high yields

Riding on high yields and an increased passenger load factor, state-owned Air India posted a healthy 46 per cent revenue growth last month over the same period last year, airline sources said today.
"The yields on domestic sector had significant improvement of 38.5 per cent in March vis-a-vis last year. The seat factor during this period also increased nearly 7.9 per cent. Consequently, the airline posted a healthy growth in revenue of 46.1 per cent," the sources said.
On international routes too, the airline put up a good performance, clocking a nearly 33 per cent growth in passenger revenue. The higher growth came on the back of an eight per cent jump in load factor and higher yields at 28 per cent.
"For the quarter ending March this year, the passenger revenue showed an improvement of 36.1 per cent, besides a 15.7 and 23 per cent rise in seat factor and yields respectively over the same period last year," the sources said.
18/04/12 PTI/Economic Times
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