New Delhi: Cash-strapped Air India has suffered a loss of around Rs 500 crore due to the 45-day-old pilots' strike, forcing the airline management to extend its curtailed international flight plan till July 31.
Air India has lost around Rs 500 crore in terms of revenue in the ongoing strike, as the airline has been incurring losses to the tune of about Rs 10 crore per day, sources told PTI today, a day after Air India CMD Rohit Nandan said the national carrier was also "making some substantial savings".
"It was not possible to calculate the savings now, as we have to fulfil our commitments to our vendors on quarterly or half-yearly basis. At least we are making savings on some of the flights like Delhi-Toronto, on which we were losing Rs 300 crore annually," he had said.
20/06/12 PTI/Economic Times
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