Wednesday, April 02, 2014

AI to soon conclude lease of five Airbus A-320 planes

New Delhi: Air India, which has issued a tender for 12 Airbus A-320s, would soon conclude the lease of five of these aircraft, which would be in an all-economy configuration, airline sources said on Wednesday.
The national carrier's capacity is expected to grow by 9.2 percent with the addition of six more Boeing 787 Dreamliners to the fleet, they said. As of February this year, the airline has 13 Dreamliners in its fleet out of a total order of 27.
With an enhanced fleet strength, Air India is targeting a domestic load factor of 76.6 percent in 2014-15 and 74 percent on the international front. It estimates that the number of passengers is
expected to go up by over five percent.
In the current financial year, Air India has projected a passenger revenue of Rs 16,400 crore, a growth of 14.5 percent over Rs 14,300 crore in 2013-14.
It expects an operating revenue of Rs 21,300 crore compared to Rs 19,200 crore in 2013-14, the sources said.
02/04/14 PTI/Zee News
To Read the News in full at Source, Click the Headline