Published on Sat, Dec 30, 2006 at 08:41 | Source : Moneycontrol.com
Updated at Sat, Dec 30, 2006 at 14:00
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Oriental wins fog cover mandate from Air India
Oriental Insurance has won the mandate to provide fog cover to Air India ahead of two other private and pubic sector insurance companies that were in the fray. This is the first time that Air India has gone in for fog insurance.
During the current year, there have been at least two days during which normal flight operations have been affected due to inclement weather conditions over Delhi. On the night of December 26 and during the early morning hours of the following day, visibility was so poor that normal flight operations were affected for more than 11 hours.
Airline officials were, however, tight lipped on the premium being paid. "The premium is reasonable," a senior airline official said when asked on the payout that Air India would be making for the cover.
In earlier years, Air India had transported passengers from Delhi to Mumbai before carrying them onwards to their international destinations so as to mitigate fog problems faced in the capital.
