Air India has approached Educational Consultants India Ltd to look at the possibility to convert its Central Training Establishment in Hyderabad into a deemed-to-be-university. Photo: HTNew Delhi: Air India is mulling establishing an aviation university for providing various programmes that can also be an additional revenue stream for it in the long term. “We want to create a world class university and make it heavily commercial,” Air India CMD Ashwani Lohani told PTI. ALSO READ: After Air India, FIA revokes flying ban on Shiv Sena MP Ravindra GaikwadAfter taking into consideration the suggestions in the report, a final decision would be taken. Air India is staying afloat on a bailout package from the central government and expects an operational profit of Rs300 crore in 2016-17 fiscal.

Source: Mint April 09, 2017 12:33 UTC