Loss-making Air India has grounded as many as 19 planes due to lack of spare parts, leading to flight cancellations and a huge loss of revenue to the airline on a daily basis, the national carrier’s pilots’ union has alleged.
Taking the top management head-on, the pilots have questioned as to why the aircraft were being allowed to remain on the ground for so long as this is having a significant impact on the bottom-line of the national carrier.
The Indian Commercial Pilots Association (ICPA) said, in a letter to Air India CMD Pradeep Singh Kharola, that almost 23 per cent of the Air India fleet is grounded for lack of spares.
To put this into perspective, aircrafts worth approximately USD 3.6 billion or approximately Rs 25,000 crore, are lying idle in the hangars, the ICPA alleged.
13/08/18 Business Today