India’s national airline, Air India is hardly making
any profit as only 9 out of 370 daily flights of the flag carrier are currently
profitable.
In a written reply in the Lok Sabha, Civil aviation Minister
Mahesh Sharma told Parliament that of the 120 international flights, only 3
make money, while on the domestic, front 6 break even.
This assertion, which is in the form of a written
reply to the Lok Sabha, is a stark contrast to recent claims by the AI
management that performance is improving across several operational parameters
such as passenger load factors and yields.
The routes AI makes money on are Delhi-Leh,
Delhi-Kolkata, Leh-Jammu, Delhi-Srinagar, Srinagar-Leh and
Delhi-Hyderabad-Vijayawada. While most of these routes see limited competition,
this also means that the carrier is making losses on Delhi-Mumbai route. Delhi
and Mumbai airports account for about 60 per cent of all national air traffic.
The three international routes registering profits are Cochin-Kozhikode-Jeddah,
Kozhikode-Sharjah and Kolkata-Yangon.
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