Wednesday, April 18, 2012

Air India bounces back with healthy growth revenue

Mumbai: Riding on high yields and an increased passenger load factor, state-owned Air India posted a healthy 46% revenue growth last month over the same period last year, airline sources said today.
"The yields on domestic sector had significant improvement of 38.5% in March vis-a-vis last year. The seat factor during this period also increased nearly 7.9%. Consequently, the airline posted a healthy growth in revenue of 46.1%," the sources told PTI.
On international routes too, the airline put up a good performance, clocking a nearly 33% growth in passenger revenue. The higher growth came on the back of an eight per cent jump in load factor and higher yields at 28%.
"For the quarter ending March this year, the passenger revenue showed an improvement of 36.1%, besides a 15.7 and 23% rise in seat factor and yields respectively over the same period last year," the sources said.
18/04/12 PTI/Daily News & Analysis
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