Air India cost saving plans to add over Rs 700 crore per annum, as govt readies plan to divest stake
NEW DELHI: As government puts Air India on the block, the management has brought in a slew of cost cutting or rationalisation initiatives to strengthen airline’s financial before the sale.
While one initiative of moving to one ticket booking software for domestic flight bookings would save about Rs 519 crore in 2020, the other initiative of putting a bigger aircraft on Delhi-London route and smaller Dreamliner on Delhi-Washington route would add about Rs 100 crore to airline’s bottom line, said senior Air India officials.
