Wednesday, August 22, 2012

NEWS | Only 16 Air India flights in Apr-Jun period met total costs: Govt

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.Only 16 of the 184 flights of Air Indiabetween April and June have met their total costs, while the remaining ones made operational losses, Rajya Sabha was informed today. 

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. 

SOURCE:http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/only-16-air-india-flights-in-apr-jun-period-met-total-costs-govt/articleshow/15586213.cms

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