AI showed operational, financial improvement last fiscal: Raju
10 July 2014 4:41 AM IST
State-owned Air India has shown improvement both in terms of operational as well as financial parameters in 2013-14 over the previous fiscal, the government said in Parliament on Tuesday.
‘Passenger revenue has increased from Rs 12,494.44 crore in 2012-13 to Rs 14,300 crore in 2013-14, i.e by 14.45 per cent,’ Civil Aviation Minister Ashok Gajapati Raju Pusapati said in the Rajya Sabha. The net loss of the carrier marginally decreased to Rs 5,388.82 crore in 2013-14 as against Rs 5,490.16 crore in FY13. Passenger load factor improved from 72.4 per cent in 2012-13 to 73.6 per cent in 2013-14. The passengers travelled on total network also increased to 15.3 million, up 8.5 per cent in the last fiscal. He added that Air India’s inclusion in the Star Alliance would lead to seamless travel for passengers and the revenue may increase by 4-5 per cent.
‘Passenger revenue has increased from Rs 12,494.44 crore in 2012-13 to Rs 14,300 crore in 2013-14, i.e by 14.45 per cent,’ Civil Aviation Minister Ashok Gajapati Raju Pusapati said in the Rajya Sabha. The net loss of the carrier marginally decreased to Rs 5,388.82 crore in 2013-14 as against Rs 5,490.16 crore in FY13. Passenger load factor improved from 72.4 per cent in 2012-13 to 73.6 per cent in 2013-14. The passengers travelled on total network also increased to 15.3 million, up 8.5 per cent in the last fiscal. He added that Air India’s inclusion in the Star Alliance would lead to seamless travel for passengers and the revenue may increase by 4-5 per cent.
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