Air India’s Restructuring Reaping Rewards | Aviation International News

Air India’s Restructuring Reaping Rewards

Air India reintroduced Boeing 787 service on May 15. (Photo: Boeing)

By Neelam Mathews

May 20, 2013

A major restructuring at Air India has cut loss-making routes to 25 percent of its network in the fiscal year ending March 2013, down from 69 percent in the previous year. The airline attributes the improvement to a series of steps taken to cut costs, restructure loans, strengthen management and liquidate assets, including the spin-off of engineering and ground handling as independent profit centers.

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