Delhi: Air India continuously monitors the market developments, performance of its flights and carries out studies with an objective to withdraw, to introduce new routes or increase or decrease frequency on existing routes. Air India has withdrawn flights which were not meeting their fuel and variable cost. However, Air India analyses the reasons for the losses and based on the strategic importance of such services to its network arrives at a decision whether to continue or withdraw such services. While determining the desirability or otherwise of discontinuing services of loss making services, Air India takes into account the revenue contributions made by the subject services to its other services by way of feeder traffic. As such non-profitability of any one flight is not taken in isolation as the sole barometer of its financial performance.
The Government had approved a Turnaround Plan (TAP) / Financial restructuring Plan (FRP) for operational and financial turnaround of Air India.
09/02/17 Business Standard
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The Government had approved a Turnaround Plan (TAP) / Financial restructuring Plan (FRP) for operational and financial turnaround of Air India.
09/02/17 Business Standard
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