Air India’s revenue is expected to rise around 10% as compared to last fiscal’s years. It is anticipated to grow to Rs. 22,521 crore this financial on account of higher passenger earnings and increased capacity. Notably, The Revenue Passenger Kilometers has improved by 6.8% while the Passenger Carriages improved by 6.2 per cent during the on-going fiscal as compared to the previous year.
Revenue passenger miles (RPMs) and revenue passenger kilometers (RPKs) are measures of traffic for an airline flight, bus, or train calculated by multiplying the number of revenue-paying passengers aboard the vehicle by the distance traveled.
“The national carrier is expecting a total revenue of Rs. 22,521 crore as compared to Rs. 20,526.11 crore in FY 2015-16, an increase of around 9.7 per cent over the previous year”, Minister of State for Civil Aviation Jayant Sinha said in a written reply in Lok Sabha today.
In addition, The Passenger Load Factor will also increase by 1.2% to a total of 76.4% in the current fiscal from 75.6 per cent in financial year 2015-16. The utilization of aircraft Boeing 777-200 LR has also improved.
