Friday, 28 July 2017

Financial and Operational Performance of Air India

The Air India over the past few years and especially since the implementation of the Turnaround Plan, has been constantly improving its operational as well as financial performance. In the Financial Year 2015-16, the company has posted an Operating Profit of Rs.105 crores. In the Financial Year 2016-17 also the company has been steadily improving its all-round performance.
The details of Equity Infusion received by Air India Ltd. from the Govt. under the Turnaround Plan approved by the government for the last three years is as under:
       

S.No

Year

Equity Infusion (in Crores)
1        2016-17       Rs. 2465.21  
2         2015-16         Rs. 3300  
3         2014-15          Rs. 5780  

The details of domestic market share of Air India in the last three years is as follow-


S.No

Year

Domestic Market Share
1        2014-15           17.9%
2       2015-16          15.9%
3       2016-17        14.2%

This information was given by Minister of State for Civil Aviation Shri Jayant Sinha in a written reply to a question in the Lok Sabha today (July 27, 2017).


Courtesy: pib.nic.in

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