20-Nov-2009 8:48 AM

Air India announces details of financial and organisational restructuring

India's Minister of Civil Aviation, Praful Patel, informed (19-Nov-2009) the Lok Sabha that National Aviation Company of India Limited (NACIL) has taken the following turnaround initiatives, mainly focused on cost reduction (target of USD320.9 million) and revenue enhancement (target of USD256.7 million). Details include:

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