Mumbai: The struggling Air India has significantly improved its financial position under the turnaround plan but the national carrier needs to be aggressive to get better results, an AI official said today.
Sounding optimistic about achieving a turnaround by the 2021 deadline, AI Board member R Dholakia, however, said the carrier also needs to improve on-time performance, besides striking a fine balance between social and commercial aims.
"AI's performances on certain parameters have improved significantly. It appears that roughly 2021 is the time when the turnaround will be achieved. But the airline needs to be aggressive, and not defensive, in its approach," he said.
Dholakia was talking to reporters on the sidelines of a function here to mark 110th birth anniversary celebrations of the airline founder JRD Tata, jointly organised by Air India and JRD Tata Memorial Trust.
08/11/14 PTI/Business Standard
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Sounding optimistic about achieving a turnaround by the 2021 deadline, AI Board member R Dholakia, however, said the carrier also needs to improve on-time performance, besides striking a fine balance between social and commercial aims.
"AI's performances on certain parameters have improved significantly. It appears that roughly 2021 is the time when the turnaround will be achieved. But the airline needs to be aggressive, and not defensive, in its approach," he said.
Dholakia was talking to reporters on the sidelines of a function here to mark 110th birth anniversary celebrations of the airline founder JRD Tata, jointly organised by Air India and JRD Tata Memorial Trust.
08/11/14 PTI/Business Standard
