Delhi-San Francisco service to give Air India Rs90 crore a month - News Summed Up

Delhi-San Francisco service to give Air India Rs90 crore a month


Air India added three flights on the Delhi-San Francisco route on 25 March, taking the total number of non-stop services to nine a week. Photo: PTINew Delhi: Disinvestment-bound Air India is hoping to garner a revenue of over Rs90 crore a month from the lucrative New Delhi-San Francisco sector, in which it operates nine flights a week. The national carrier added three flights on the route on 25 March, taking the total number of non-stop services to nine a week. The revenue from the sector was about Rs60-65 crore per month and it went up to Rs71 crore in December last year. It said that Air India had incurred a book loss of Rs671.07 crore on the sale of these planes and payment of Rs324.67 crore towards interest on loans availed for procurement of these aircraft.


Source: Mint April 11, 2018 13:07 UTC



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