Air India may not lose its loss-making foreign routes

New Delhi: Air India may still have to fly on international routes on which it is not making money at the moment.
Air India operates around 45 international flights a day, a majority of which do not make money.
Sources said that there are some flights like those to destinations in North America such as Toronto, which do not even meet the cost of the aviation turbine fuel needed to operate the service.
Official sources told Business Line that the thinking in the Government is to give Air India a set time-frame to turn around the loss-making international routes that it operates.
Sources also indicated that the airline could be given between six months to a year to make an unprofitable route profitable.
03/06/12 Ashwini Phadnis/Business Line

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Categories: Air India Jun 2012