Monday, August 13, 2018

Pilots' body shows the mirror to Air India: Planes worth Rs 25,000 crore lying idle in hangar

Debt-laden Air India has grounded as many as 19 aircraft, including nine Airbus A321, due to lack of spares, resulting in a significant loss of revenue to the carrier besides flight cancellations, one of its pilots' body has alleged.
Besides, there are also aircraft fleet swaps which result in last minute change of inventory, the Indian Commercial Pilots Association (ICPA) said in a letter to Air India chairman and managing director Pradeep Singh Kharola today.
"Almost 23 percent of the Air India fleet is grounded for lack of spares. To put this into perspective, aircraft worth approximately $3.6 billion or approximately Rs 25,000 crore (at today's price) are lying idle in the hangars," the ICPA alleged.
While as many as eight Airbus A321 aircraft, of the total 20 such planes operated by Air India, are out of operations at various stations for lack of spares, four A319s are also on ground for one reason or the other, it said.
The A319 aircraft is the workhorse of the domestic network operating on high-density routes and has the maximum seating capacity, the ICPA said adding that "(due to the grounding of these planes) there is a significant revenue loss on a daily basis."
13/08/18 PTI/moneycontrol.com

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