Wednesday, March 04, 2015

Loss-hit national carrier Air India to shut offices in Cairo and Tehran

New Delhi: Loss-making national carrier Air India (AI), which had been wasting money on maintaining offices and staff in foreign countries even where it did not operate any flight, has now started shutting down some of them with the new government taking over.
Minister of state for civil aviation Mahesh Sharma informed the Rajya Sabha on Tuesday that AI is in the process of closing down its offices in Cairo and Tehran while it has already shut down booking offices in Zurich, Chittagong and Vienna. An AI committee is in the process of taking action to close the Cairo and Tehran offices.
The carrier generated only Rs 58.56 lakh from the Cairo office and Rs 1.4 crore from the Tehran office as revenues during 2013-14, Sharma said in a written reply. Besides, a committee is looking to address issues of downsizing the carrier's Toronto station and the process is in the final stages.
The airline generated more than Rs 67.1 crore revenues from the Toronto office during 2013-14 period. AI would retain its offices in Washington, Los Angeles and Amsterdam, he added.
04/03/15 Mail Today
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