Tag Archives: Performance

National carrier Air India has recorded it’s second consecutive month of operational profit. The carrier posted an operating surplus of Rs 49.48 Crores ($11.22 million) in December 2010, up from Rs 21.66 crore in November 2010. While the carrier feels this is largely due to recent efforts at improvement in efficiency parameters and adoption of better yield management strategies, most …

Aided by the resurgent Indian economy, improvement in global business and leisure travel, Mumbai based Jet Airways group (Jet Airways, Jet Airways Konnect, and JetLite) posted strong results for the third quarter of fiscal year 2011, which ended December 31, 2010 Profit before tax for group for the quarter increased a whopping 122% from Rs. 109.8 crore (US$ 23.6 million) …

On the back of strong economic growth in the region, Bangalore has grown its passenger traffic 23% to 11.24 million for calendar 2010 surpassing Chennai to become the third largest airport in the country. For the last five years, Bangalore had been leading Chennai as the third largest in domestic passenger and freight traffic, but this year in May the …

Domestic air traffic in India surged a whopping 18.3% to almost 42 million for the first ten months of the year compared to 35.5 million for the same period last year. For the month of October which marks the start of the peak travel period third quarter of the fiscal, the growth was 16.3% to 4.62 million compared to October …