Hence, passenger revenue showed an upward trend from Rs 10,443.82 crore in 2010-11 to Rs 11423.69 crore in 2011-12 and to Rs 12595.98 crore in 2012-13. Regarding steps taken by the government to beef up Air India’s financial strength, Venugopal said these included rationalisation of the erstwhile Air India and Indian Airlines routes, elimination of route network involving parallel operations and rationalising certain loss-making routes. Induction of brand new aircraft on several domestic and international routes and phasing out of old fleet and consequential reduction of maintenance and engineer ing costs, were among the measures. While leased aircraft were being returned at the end of their tenure or prematurely, employment in non-operational areas and redeployment of staff to cut infructuous expenditure was also being done, Venugopal said, adding that the ageing fleet, including that of Boeing 747-400s, were being used only for certain lines of operations and operating VVIP flights.
Air India and its associate airlines like AI Express and Alliance Air owned 91 aircraft and had 37 on lease. Similarly, Jet Airways and JetLite had 26 owned and 85 on lease. No-frill carriers IndiGo, SpiceJet and GoAir had all their planes on lease — 74, 57 and 17 respectively, Venugopal said. (PTI)