Air India can be turned around, says CAPA

The national carrier, Air India, may be down in the dumps, but noted civil aviation consultancy Centre for Asia Pacific Aviation (CAPA) believes that it can make a turnaround based on the marked improvements in its domestic operations.
But the government must revamp the Maharaja’s board and management to achieve the desired objectives.
“For the first time in several years, Air India’s domestic performance is headed in a positive direction which could become a trigger for an overall turnaround if the situation is capitalised. The national carrier needs to take advantage of the current domestic market conditions to focus on its restructuring by further reducing its cost base, improving productivity and solving its outstanding HR issues,” CAPA said in a report.
25/08/12 Lalatendu Mishara/The Hindu

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Categories: Air India Aug 2012