Cost-cutting saved Air India Rs 800 crore in 2010-11: Ajit Singh
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Various cost cutting measures implemented by Air India have resulted in savings of approximate Rs 800 crore during 2010-11, Civil Aviation Minister Ajit Singh said today.
He was replying to a question in the Lok Sabha and also listed the measures which resulted in reduction of expenses.
Rationalisation of routes, phasing out of old fleet, closure of overseas offline offices, dismantling of the Frankfurt hub and establishment of Integrated Operations Control Centres were some of the measures that , cut down losses of the airline, Singh said.
In response to another question Singh said that Air India had issued a tender for Computerised Face Recognition Biometrics system in 2006 which was scrapped three years later.
Singh said that the tender was not pursued because the expenditure was not bearing sufficent value to passengers.