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

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

Report of India’s G20 Task Force on Digital Public Infrastructure released

The final ‘Report of India’s G20 Task Force on Digital Public Infrastructure’ by ‘India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development’ was released in New Delhi on Monday. The Task Force was led by the

How the Great War of Mahabharata was actually a world war

Mahabharata: A World War By Gaurang Damani Sanganak Prakashan, 317 pages, Rs 300 Gaurang Damani, a Mumbai-based el

Budget expectations, from job creation to tax reforms…

With the return of the NDA to power in the recently concluded Lok Sabha elections, all eyes are now on finance minister Nirmala Sitharaman’s full budget for the FY 2024-25. The interim budget presented in February was a typical vote-on-accounts, allowing the outgoing government to manage expenses in

How to transform rural landscapes, design 5G intelligent villages

Futuristic technologies such as 5G are already here. While urban users are reaping their benefits, these technologies also have a potential to transform rural areas. How to unleash that potential is the question. That was the focus of a workshop – “Transforming Rural Landscape:

PM Modi visits Rosatom Pavilion at VDNKh in Moscow

Prime minister Narendra Modi, accompanied by president Vladimir Putin, visited the All Russian Exhibition Centre, VDNKh, in Moscow Tuesday. The two leaders toured the Rosatom Pavilion at VDNKh. The Rosatom pavilion, inaugurated in November 2023, is one of the largest exhibitions on the histo

Let us pledge to do what we can for environment: President

President Droupadi Murmu on Monday morning spent some time at the sea beach of the holy city of Puri, a day after participating in the annual Rath Yatra. Later she penned her thoughts about the experience of being in close commune with nature. In a message posted on X, she said: