AIR IN­DIA TO IN­DUCT 100 AIR­CRAFT

SP's Airbuz - - News Briefs -

The na­tional car­rier Air In­dia, which posted a 8-crore oper­a­tional profit in the fi­nan­cial year 2015-16, the first in a decade, now ex­pects to in­crease it to about 700-`800 crore in a cou­ple of years. Its Chair­man and Man­ag­ing Di­rec­tor, Ash­wani Lo­hani, said that the air­line also plans to in­duct over 100 air­craft in the next four years through the lease route aban­don­ing its prac­tice of pur­chas­ing them out­right. “The in­crease in prof­its should help us re­duce our debt

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