Air India’s focus on fill more, fly more has helped improve efficiency: Lohani

He said oil prices going down and introduction of more flights have helped the company to make an operating profit

GN Bureau | September 12, 2016


#Air India   #pro-employee   #Ashwani Lohani   #more flights  

 Ashwani Lohani, chairman and managing director of Air India Ltd, believes in a hands-on approach at work as he tries to turn around the money-losing national carrier.

In an interview to Mint, Lohani said a pro-employee policy and a simple focus on fill more and fly more has helped improve operational efficiency and he intends to do more of the same.
 
He said that it’s a culmination of a lot of things that the company is doing like - improve staff morale, improve services, become more efficient, launch more commercial packages, fly more and make it more attractive (for passengers), in order to restore the lost glory of Air India.
 
He said that though the actual number of profit will be reflected only after the accounts are audited on September 15. Fundamentally, it’s an operating profit. He said oil prices going down and introduction of more flights have helped the company.
 
Lohani also said that the company is trying to get a lot of private business. “We have started doing work for Jet (Airways India Ltd), (and are) in touch with SpiceJet (Ltd) and other domestic airlines for doing their maintenance work.”
 
On his expectations of turning profit, Lohani said, “I can’t say anything about that right now. We have got huge debt on our books and debt servicing itself is one of the major challenges. The cost of servicing the debt itself is Rs4,000 crore every year. What we are looking at is to earn enough to service it. It’s a burden of the past.”
 

Comments

 

Other News

New study tracks heat wave; exposes dangerous trends in big cities

An unprecedented heat wave has been enveloping Indian cities, worsening the urban heat island effect, this summer. A new analysis by Centre for Science and Environment (CSE) says there are far deeper and longer term evidences on the nature of this changing trend that is impacting the biggest cities of the

Phase 6: Voter turnout 59.06% at 7:45 PM

Polling in the sixth phase of General Elections 2024 which commenced across 58 PCs recorded an approximate voter turnout of 59.06% as of 7:45 pm Saturday. In spite of hot weather in certain parts of the country, voters were undeterred in their enthusiasm as they were seen queuing up patient

Banks not adhering to RBI guidelines, finds study

Banks across India are levying inconsistent service charges on basic savings accounts. A study, “Benchmarking Reasonableness of Service Charges by Banks in India”, uncovers and exposes inconsistencies in adherence to RBI mandates by banks. It finds some banks impose charges exceeding reasonable

“Mumbai Infra boom similar to that of Manhattan in 19th C”

Mumbai’s ongoing infrastructure boom – with a new coastal road, Atal Setu, metro lines and much more – creating transport corridors – is comparable to that of Manhattan in New York during 1811-1870, according to BMC commissioner Bhushan Gagrani. The iconic projects being implemented

Global Gandhi: How the Mahatma captured the world’s imagination

Gandhi’s Australia, Australia’s Gandhi By Thomas Weber Orient BlackSwan, 348 pages, Rs 1,800  

Urban apathy in Mumbai, Maharashtra sees 49% voting

Polling in the fifth phase of General Elections 2024 which commenced at 7 am on Monday simultaneously across 49 PCs recorded an approximate voter turnout of 57.47% as of 7:45 pm. Voters came out in large numbers braving hot weather in many parts of the states that went for polls on Monday.

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter