Strike fails to affect Air India revenues

Mumbai: Despite the two-month-long strike by a section of its pilots, the state-owned Air India saw its revenues rise 21 per cent in the April-June quarter.
The carrier's topline rose three per cent in June over the same period last fiscal, notwithstanding the fact that it operated a truncated flight schedule on the international network during the entire month, officials said.
"Our performance has been good on several parameters, both on quarter-on-quarter as well as month-on-month basis. Our overall revenue rose 20.8 per cent in the April-June quarter to Rs 2,900 crore, from Rs 2,400 crore in the year-ago quarter," an official said.
Over 400 pilots of the now derecognised Indian Pilots Guild went on a strike on May 7. It ended on July 3.
11/07/12 Financial Express

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Categories: Air India Jul 2012