Air India unveils revamped premium class, says revenue expected to rise by 20pc
- A Monitor Report
01 Jul, 2018 |
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New Delhi : The revamped premium class has been christened as "MaharajahDirect" and the airline is expecting to boost its revenue to Rs 6.5 crore per day from the existing Rs 4 crore it nets from these premium classes.
Air India unveiled the revamped First Class and Business Class in its fleet of Boeing aircraft flying to international destinations to woo high-end travellers and increase the occupancy from 60 per cent to over 80 per cent.
The launch of the revamped service, along with new uniforms for the crew and cuisine, came in an eventful week when the government decided to put the breaks, for now, on the disinvestment plans for the loss-making state-run carrier.
The revamped premium class has been christened as "MaharajahDirect" and the airline is expecting to boost its revenue to Rs 6.5 crore per day from the existing Rs 4 crore it nets from these premium classes.
At present, the airline has a 17 per cent market share on international routes. It has over 2,500 international prime-time slots per week, spread across 43 overseas destinations.
"The important revenue stream for any airline is the Business Class and the First Class. Therefore, revamping the Air India Business Class is an attempt by the airline to be on par with the Business Class of any airline worldwide.
"Passengers will get a much better experience for the same money they were paying earlier. They are not going to be charged anything extra," RN Choubey, Ministry of Civil Aviation, said at the unveiling of "MaharajahDirect".
He added that following the upgradation, the revenue of Air India was expected to go up by about 20 per cent.
Pradeep Singh Kharola, Chairman and Managing Director (CMD), Air India said the existing First Class and Business Class seats in its fleet of Boeing B777 aircraft flying to destinations such as the US would be upgraded by July-end, while the upgradation of the Boeing B787 aircraft, which mostly fly to European destinations, will take another month.
Passengers travelling in the upgraded premium class will get a feel of the new ambience and provided with better upholstery, better nightwear, woollen blankets and travel kits, a statement from the airline said, adding that ipads will also be made available for personal viewing.
The cabin crew will sport a new uniform -- a mix of traditional and western attire.
The passengers will also be treated to delicious gourmet food and region specific beverages -- both alcoholic and non-alcoholic.