Thursday, July 05, 2018

Air India gets ₹200 crore more for VVIP flights

New Delhi: The government on Wednesday approved an increase of nearly ₹200 crore for VVIP flight operations carried out by Air India.The decision was taken at the meeting of the Cabinet Committee on Economic Affairs.

Air India deploys its Boeing 747-400 aircraft for international visits undertaken by the President, Vice-President, Prime Minister of the country and is reimbursed by the government for expenses incurred by the airline. It has also purchased two Boeing 777 planes to replace the older 747s for VVIP operations. The new planes are undergoing retrofitment and will be ready by 2020.

Earlier, Air India would receive ₹ 336.24 crore plus applicable taxes, which has now been increased to ₹.534.38 crore plus applicable taxes for 2016-17 along with built-in annual escalation of 10%.
05/07/18 The Hindu