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Air India to improve services, expand networks, says Kharola
Date: January 03,2019
Time: 12
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Air India to improve services, expand networks, says Kharola


           Air India to improve services, expand networks, says Kharola


The government has prepared a revival plan, that includes a comprehensive financial package for Air India, which is

As per Press Trust of India (PTI), Air India, which is going through a difficult financial situation, is working to improve services as well as expand domestic and international routes, its Pradeep Singh Kharola, Chairman and MD, Air India, said.

In a new year message to employees, he urged them to work as a team with dedication and enthusiasm to take the national carrier to new heights.

The government has prepared a revival plan that includes a comprehensive financial package for Air India, which is estimated to have debt worth over INR 55,000 crore.

Noting that the airline has a proud legacy, Kharola also said it is already working on improving services as well as expanding domestic and international networks.

Suresh Prabhu, Civil Aviation Ministry told the Lok Sabha that the government has prepared a plan for Air India that provides for a comprehensive financial package, differentiated strategies for each of the airline's core businesses and robust organisational reforms.

In an interview Prabhu said, the government plans to rope in professionals for top positions at Air India through a global search process.

Various initiatives to turnaround the national carrier, which is staying afloat on a bailout package extended by the previous government, including monetisation of real estate assets are progressing. The proposed strategic disinvestment of the airline failed to take off in 2018.

The Air India Specific Alternative Mechanism (AISAM) has directed to separately decide the contours of the mode of disposal of the subsidiaries Air India Engineering Services Ltd (AIESL), Air India Air Transport Services Ltd (AIATSL) and Airline Allied Services Ltd (AASL).

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