Tuesday, February 19, 2019

AI chief pegs monthly revenue target at Rs 2,200 cr

Retired technocrat Ashwani Lohani, who has been reappointed chairman and managing director of Air India (AI) for the second time, has set ambitious targets in his first meetings after appointment. A monthly revenue of Rs 2,200 crore, and an on-time performance of 90 per cent are among Lohani’s new stated objectives.
A 1980-batch Indian Railway Service mechanical engineer from Madhya Pradesh, Lohani moved from AI to the Railway Board as chairman in December 2018, and was reappointed to AI on a year-long contract by the civil aviation ministry on February 13.
On February 15, he met AI department heads and regional directors, and urged all employees to “rise to the occasion” and do everything possible to revive the national airline.
According to an official order sent out by Pankaj Kumar, regional director, North Region, who was part of the meetings, Lohani specified focus areas and sought dramatic improvement in them. “(A) target of an average of Rs 2,200 crore per month has been set by the CMD and all employees in the departments and stations must be aware of this target. The target should be displayed in all offices,” Kumar’s note said. Air India’s revenues currently stand at Rs 1,600 crore per month.
Another focus area Lohani underlined is Air India’s on-time performance (OTP). He has set out a target of improving the OTP from the current 79 per cent to 90 per cent. To ensure minimal cascading delays, he has instructed OTP of First Flights of the Day (FFoD) should be 100 per cent. His instructions are that the first flights should be ready for departure 15 minutes before the scheduled departure time.
19/02/19 Saitsh Nandgaonkar/Mumbai Mirror