New Delhi: Air India plans to lease out 17,000 sq ft of commercial space at its erstwhile headquarters in Mumbai, which could fetch the state-owned carrier an additional Rs 5 crore revenues annually.
The state-owned airline, which is surviving on government funds as part of a long-term turnaround plan, already rakes in more than Rs 80 crore annually from leasing out of floors in that building.
As many as 16 floors of this 23-storey iconic building located in South Mumbai and opened in 1974 have been leased out.
The airline has already rented out most of the 4,49,000 sq ft space of the iconic Air India Tower facing the Arabian Sea in the country's financial capital.
To Read the News in Full 24/01/16 PTI/Economic Times
The state-owned airline, which is surviving on government funds as part of a long-term turnaround plan, already rakes in more than Rs 80 crore annually from leasing out of floors in that building.
As many as 16 floors of this 23-storey iconic building located in South Mumbai and opened in 1974 have been leased out.
The airline has already rented out most of the 4,49,000 sq ft space of the iconic Air India Tower facing the Arabian Sea in the country's financial capital.
To Read the News in Full 24/01/16 PTI/Economic Times
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