Air India records 17% increase in passenger revenue in the first three quarters of FY2018/2019

    Air India‘s chairman and MD Pradeep Singh Kharola reported the airline recorded INR150.8 billion (USD2.1 billion) in passenger revenue during the first three quarters of FY2018/2019, a 17% year-on-year increase (Financial Express, 10-Jan-2019). Mr Kharola attributed the growth to improved aircraft utilisation and route rationalisation, stating: “We have flown our aircraft for longer duration as compared to previous years and used pilot duties more judiciously to improve our revenues”. The airline handled 16.1 million passengers during the period, a 7% increase.