Air India hopes to fly into black with Boeing 787 Dreamliners

New Delhi: The government on Wednesday said the purchase of 27 Boeing 787 Dreamliners should help Air India fly into the black and warned it cannot give any more funds to the ailing flagship carrier.
The first new aircraft landed in New Delhi on Saturday, ending a four-year wait by the state-run national carrier to add the next-generation jet to its fleet. "We hope the Dreamliner will take Air India back to the good old Maharajah days," aviation minister Ajit Singh said, referring to the airline's mustachoied mascot who was a familiar face when the carrier dominated India's skies.
The carrier's once-dominant market share has shrunk to 18 per cent in the face of fierce competition from private and low-cost carriers that have taken to the air since India liberalised its aviation sector in the 1990s.
12/09/12 AFP/Economic Times

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Categories: Air India Sep 2012, Foreign Sep 2012, New Sep 2012