Monday, February 7, 2011

Air India shows good financial results

Air India has reported strong financial results for December 2010, posting a record cash profit compared with the previous month.

The Indian carrier revealed it had an operating surplus of Rs 49.48 crore (£6.6 million) in the final month of last year.

In November, the airline had made a profit of Rs 21.66 crore.

According to Air India, this boost in income can be attributed to a "significant improvement in efficiency parameters" and the take-up of "better yield management strategies".

News Reference

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