road-and-transport-news
Air India woes continue rated third worst airline in the world by Flight Stats
New Delhi. Air India, the country’s state-owned carrier, has been listed as the third worst performing airline in the world in a recent survey by flight data firm FlightStats.
Apart from Air India, the 10 worst carriers list included Air China, Hong Kong Airlines, Philippine Airlines, Qantas, Delta Air Lines, Qatar Airways, among others.
The good thing is that the situation is better than before. The airline’s operating loss was Rs 161 crore in the first three quarters of 2016-17 -- reducing the daily loss from Rs 4 crore every day to Rs 58 lakh. The company also has a target to make its first net profit by 2022.
Ashwani Lohani, chairman and managing director of Air India had also given a full presentation to Prime Minister Narendra Modi on a turnaround plan.
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