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Air India to remain merged entity
Air India to remain merged entity28-Jan-2010 |
Airline Code [AIC]
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• Provide an integrated international/domestic footprint which will significantly enhance customer proposition and allow easy entry into one of the three global airline alliances; • Enable optimal utilization of existing resources through improvement in load factors and yields on commonly services routes as well as deploy ‘freed up’ aircraft capacity on alternate routes; • Provide an opportunity to fully leverage strong assets, capabilities and infrastructure; • Potential to launch high growth & profitability businesses (Ground Handling Services (GHS); • Maintenance, Repair & Overhaul (MRO) etc; • Potentially enable merged entity to command better valuation; • Operate a combined fleet strength which will be largest in India and comparable to other airlines in Asia/Region; • Provides maximum flexibility to achieve financial and capital restructuring. Above benefits leading to improvement in the prospects of the Company are expected to translate into better prospects for all the employees. The Ministry of Civil Aviation has no move afoot for the AI-IA demerger. The merger was a carefully thoughtout process and a collective decision of all agencies of the Government of India.
(c) Centre for Asia Pacific Aviation. Date posted: 28-Jan-10 In-depth analysis of the Indian airline and airport sectors, including latest traffic and financial reports and outlooks, is available each month in the Monthly Essential India. http://centreforaviation.com/minisites/mei/
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