Air India strike leads to biggest revenue loss

New Delhi: The strike by Air India pilots entered the 26th day Saturday, pushing up the airline's revenue losses to more than Rs.350 crore, one of the biggest loss suffered by it in any strike.
"The loss is on account of ticket cancellation, unused labour and bulk of Boeing 777 fleet being grounded," an Air India official said.
"We expect to stabilise our operations and cut the losses to less than Rs.5 crore a day from today (Saturday)," he added.
The Indian Pilots Guild (IPG), representing aviators of the erstwhile Air India, went on strike May 8 against the move to train their counterparts from Indian Airlines on the soon-to-be-inducted Boeing 787 Dreamliner.
On Friday, the carrier shifted to an interim plan to salvage its international operations that have been crippled by strike.
02/06/12 ZeeNews

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Categories: Air India Jun 2012