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

Only 16 AI flights in Apr-Jun period met total costs: Govt

Image
Press Trust of India New Delhi
Last Updated : Jan 25 2013 | 4:04 AM IST

While nine of these flights did not meet even the cost of fuel to operate the service, 90 met the fuel cost but were not able to meet the cash cost, Civil Aviation Minister Ajit Singh said in a written reply.

According to a provisional route-wise analysis done between April and June this year, 69 Air India services met the daily cash cost but not the entire cost of operation.

The total costs were met only on 16 services, he said.

Cash cost means expenses like airport charges, the cost of food and catering and other daily charges.

A task force, headed by a Joint Secretary in the Civil Aviation Ministry, has been constituted to examine route economics and find ways and means to rationalise the routes so as to make the operations more cost effective.

To another question, the Minister said that in Air India, the employees to aircraft ratio was 258.

In order to rationalise manpower and achieve optimum utilisation of human resources as part of Turn Around Plan, the airline Board has given in-principle approval to a Voluntary Retirement Scheme for all permanent and confirmed employees.

  

Also Read

First Published: Aug 21 2012 | 5:05 PM IST

Next Story