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Air India cuts down cost on stay of officers

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ANI New Delhi
Last Updated : Aug 01 2016 | 8:57 PM IST

National carrier Air India is taking all necessary steps to cut down the cost to save and maximise revenues. All officers and staff visiting overseas may stay in rooms on a twin sharing basis.

A circular issued on July 30th says, "All officers and staff deputed overseas for ground duty during Haj operations shall stay in hotel accommodation on a twin sharing basis. The concerned Head of departments shall ensure the same."

Earlier, the officers and staff used separate rooms according to their grade.

Air India has a debt of Rs. 51,000 crore as on March 31, 2016. The national carrier is estimated to have posted an operating profit of Rs. eight crore in 2015-16.

It ran up losses to the tune of Rs 5,859.91 crore in 2014-15. The improvement is anticipated mainly on account of a steep fall in the jet fuel price, which accounts for 40 percent of an airline's operating expenses.

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First Published: Aug 01 2016 | 8:38 PM IST

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