INDIA & MIDDLE EAST: Air India sees revenue growth
After enduring more than a year of turbulence, national carrier Air India is showing signs of revival, with an 18 per cent jump in revenues jumped for the quarter-ending June, year-on-year. Total revenue of National Aviation Company of India Limited (NACIL) stood at INR42.99 billion (US$922.5 million) for April to July 2010. During the same […]
September 1, 2010
During the same period, the countryÃ¢â‚¬™s largest airline and Air IndiaÃ¢â‚¬™s principal competitor, Jet Airways has shown a growth of 21.7 per cent in its revenues as compared to the previous year. Similarly, Kingfisher Airlines, which is struggling to meet vendor payments, showed 30 per cent growth during the same period. These revenues include income from passenger ticket sales, excess baggage, cargo and mail.