Take measures to cut cost, Ajit tells Air India

New Delhi: Civil Aviation Minister Ajit Singh, on Wednesday, expressed hope that Air India would make a turnaround in its fortunes with the induction of long-haul Boeing 787 Dreamliner. He, however, asserted that the government would give no more bail-outs to the cash-strapped national carrier.
The first commercial flight of the state-of-the-art Dreamliner would take off on September 19 from New Delhi to Chennai and Bangalore.
“We are hopeful that the fuel-efficient Dreamliner will take Air India back to the good old Maharaja days,” he said at a media interaction here. However, he was quick to assert that Air India would have to take strong measures to cut costs as the government could ill-afford to give any more money to the flagging airline.
Air India had posted an increase in revenue of 6.5 per cent during April-September this year at Rs.4,757 crore against Rs.4,467 crore in the same period a year-ago despite a long strike by the pilots.
12/09/12 The Hindu

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Categories: Air India Sep 2012