What measures are being taken by Air India to achieve profitability by 2025, as indicated by the CEO Wilson
Explore the strategic initiatives and progress being made by Air India towards achieving profitability by 2025, as highlighted by the CEO Wilson.
1.
- Focus on cost reduction: Air India is actively working on reducing operational costs, including fuel expenses and maintenance costs, to improve overall profitability.
2.
- Route optimization: The airline is reviewing its route network to ensure maximum efficiency and profitability, considering factors like demand, competition, and operational costs.
3.
- Enhanced customer experience: Air India is investing in improving services such as in-flight amenities, digital booking platforms, and customer service to attract and retain more passengers.
4.
- Fleet modernization: The airline is updating its fleet with more fuel-efficient and cost-effective aircraft to reduce operational expenses and improve overall profitability.
5.
- Alliance and partnerships: Air India is exploring strategic alliances and partnerships with other airlines to expand its network reach and potentially increase revenue streams.
Answered
4 months ago