Press Esc to close
Thursday 29 September 2016
News updated at 1:34 PM IST
Weather
Max: 29.4°C
Min : 21.6°C
In Bengaluru
Generally cloudy

AI could fly its new Dreamliners to Istanbul, Bali

New Delhi, Dec 20,2012 (PTI)

Air India could fly the new Boeing 787 Dreamliner planes to destinations like Istanbul and Bali in addition to deploying them on Sydney, Melbourne and Singapore routes which will start operating in the next few weeks.

Five more Dreamliners are scheduled to be received by the national carrier by March next year, which would take the total to eight.

Keeping this in mind, Civil Aviation Minister Ajit Singh today asked Air India to explore the possibility of flying these planes to Bali, Istanbul and other cities, apart from the flights planned to Sydney, Melbourne and Singapore.

Singh made the suggestion at a meeting here to review the functioning of Air India, including its revenue generation and cash flow management as part of its Turnaround and Financial Restructuring Plans.

Expressing satisfaction over the payment of salaries to the employees till November, he said that out of Rs 2,000 crore which Air India would receive next month in the form of equity as budgetary support, Rs 500 crore must be utilised to clear all arrears of the employees.

He also stressed on regularising salary payments by a fixed cut-off date, an official spokesperson said.

Expressing concern the estimated shortfall of about Rs 404 crore in the monthly average cash flow, the Minister asked the airline to try to ensure that cash inflow matched the outflow. In the ongoing financial year so far, the airline's revenue was Rs 1,348 crore and expenditure Rs 1,752 crore.

Though there was an overall improvement in its performance, it is important that the revenue generated should meet the costs incurred, the Minister said during the meeting.

He asked Air India to go into operational details to cut costs, especially on heads like its overseas offices, fuel, salaries and office expenses, the spokesperson said.


Go to Top

Photo Gallery
Kane Williamson selects a suit length at a Garments shop in Kolkata on Wednesday...

Kane Williamson selects a suit length at a Garments shop in Kolkata on Wednesday...

Women practice Gujarati 'Garba' as they celebrate for the upcoming 'Navratri festival'...

Women practice Gujarati 'Garba' as they celebrate for the upcoming 'Navratri festival'...

A submerged temple after opening of Bargi dam gate at Gaurighat in Jabalpur on Wednesday...

A submerged temple after opening of Bargi dam gate at Gaurighat in Jabalpur on Wednesday...

Pranab Mukherjee  during a visit to Kedarnath Temple at Kedarnath in Uttarakhand on Wednesday....

Pranab Mukherjee during a visit to Kedarnath Temple at Kedarnath in Uttarakhand on Wednesday....

Bollywood actress Kangana Ranaut attends the GQ India Men of the Year Awards 2016...

Bollywood actress Kangana Ranaut attends the GQ India Men of the Year Awards 2016...

Ranveer Singh attends the GQ India Men of the Year Awards 2016, in Mumbai...

Ranveer Singh attends the GQ India Men of the Year Awards 2016, in Mumbai...

Prabhu Deva and actress Tamanna during a promotional event for their upcoming film Devi...

Prabhu Deva and actress Tamanna during a promotional event for their upcoming film Devi...

Actor Sushant Singh Rajput, Disha Patani and Kiara Advani talking to media person....

Actor Sushant Singh Rajput, Disha Patani and Kiara Advani talking to media person....

Sourav Ganguly and Indian cricket team coach Anil Kumble during a practice session...

Sourav Ganguly and Indian cricket team coach Anil Kumble during a practice session...

Ajay Devgn with his daughter Nysa during a campaign in Mumbai...

Ajay Devgn with his daughter Nysa during a campaign in Mumbai...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523