26-Jul-2010 12:34 PM
Air India parent expects FY2011 revenue to jump 29%
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