Don’t miss the latest developments in business and finance.

AI faces loss of Rs 26.5 cr due to pilot strike

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:02 AM IST

Air India has incurred an approximate loss of Rs 26.5 crore in the past three days due to the pilots' strike which forced it to cancel at least 280 flights.

The airline, which normally operates 320 flights on a daily basis, cancelled 57 flights on April 27, 96 yesterday and at least 126 today, an official said here.

The number of cancellations were more today because of the management's decision to refuse fresh bookings for the next five days, he said.

The estimated losses on these three days were Rs 4.5 crore, Rs 10 crore and Rs 12 crore respectively, he added.

More From This Section

First Published: Apr 29 2011 | 12:51 AM IST

Next Story