August 21, 2008
Air India Reportedly Restructures International Operations
In response to raising losses due to high fuel prices and in order to withstand global competition, national airline Air India has withdrawn flights from some of its international routes including Jakarta and Kuala Lumpur, reported the Economic Times, citing the Press Trust of India as its source.
The airline, which has withdrawn operations from Bangkok on the Shanghai, Hong Kong and Tokyo routes, also plans to restructure operations to New York, Toronto and Dhaka.
According to media reports, the airline's flights to Kuala Lumpur from Mumbai and Delhi will operate via Bangkok.
The airline is expected to post a net loss of INR20 billion in 2007-2008 due to soaring jet fuel prices.