Tag: Air India loss

Air India posts Rs 4,600 crore operating loss in 2018-19; aims operating profit this fiscal

NEW DELHI:Air India posted an operating loss of around Rs 4,600 crore in the last financial year mainly due to higher oil prices and foreign exchange losses but the debt-laden carrier expects to turn operationally profitable in 2019-20, according to senior officials. Reflecting tough business conditions, the airline’s net loss stood at about Rs 8,400 […]

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