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Uzbekistan Airways pinned for $120mn loss in ops ineffciency
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Uzbekistan Airways pinned for $120mn loss in ops ineffciency
Uzbek President Shavkat Mirziyoyev has said that Uzbekistan Airways (HY, Tashkent International) is losing USD120 million in annual revenue due to operational inefficiencies, according to a presidential office communiqué. Citing an assessment by US-based investment management firm Franklin Templeton, the president said the airline was losing revenue because of suboptimal route planning, long intervals between flights, frequent delays, and a lack…
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