Sunday, May 13, 2012

Air India ground handling move to hit revenue

Thiruvananthapuram: Air India will now have to share 50% of the revenue earned from Thiruvananthapuram after the company decided to transfer ground handling activities at the Trivandrum International Airport to its joint-venture company Air India- Singapore Airport Terminal Services (AI-Sats). Air India earns around Rs 45 crore a year from airport operations.
Air India(AI) and Air India Express(AIE) together operates around 3,400 flights a year and these flights are handled by employees of Air India and AIATSL- a wholly-owned AI subsidiary - at no additional cost. If AI-Sats takes over ground handling in Trivandrum airport, AI will have to pay the company a sum of Rs 8.5 crore per annum as handling charges for its own aircrafts.
14/05/12 Sangeetha Nair/Times of India
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