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Air India parent expects FY2011 revenue to jump 29%

26-Jul-2010 12:34 PM

Air India parent, National Aviation Company of India, reported (25-Jul-2010) the following financial/traffic highlights for the three months ended 30-Jun-2010:

  • Revenue:
    • Passenger: +28% year-on-year;
    • Cargo: +61%;
  • Passenger load factor:
    • Domestic: 75%, +8 ppts;
    • International: 66%, +4 ppts;
  • Yield: +14%;
  • FY2011 forecast:
    • Operating revenue: +29%. [more]

*Based on the conversion rate at USD1 = INR46.64