NACIL will address IA-AI overlap, prune 13 routes

“That apart, we will begin joint procurement of food, fuel, catering on board , hotel accommodation for the crew and so on. Passenger amenities will also be looked at more holistically. We are also soon going to set region specific fixed targets for each station as part of a more accountable system. This, along with induction of a new technologically advanced state of the art aircraft fleet, should help us step up on savings and bring down costs. We are also planning to convert a portion of the carrier’s exposure at floating rate to fixed rate,” added the official.

Air India hopes things will look up soon. Airline Consultant Accenture has forecast that post-merger, Air India can manage to push up its revenue & savings each by 3-4 per cent, touching a figure near Rs 960 crore. The airline’s liquidity ratio has also improved from 1.28 to 2.30, pointed out official. The ratio represents current liability and current assets respectively and reflects the airline’s ability to meet the current liabilities from its cash and near cash assets.