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Air India losses News

13 Aug 2018

Why are aircraft worth Rs 25,000 crore lying idle: Pilots' body asks Air India

Indian Commercial Pilots Association (ICPA) has alleged that overall, almost 23 per cent of Air India's fleet is grounded for lack of spares.

13 Mar 2016

Why only Vijay Mallya, what about Air India losses: Mohandas Pai

Amidst a row over beleaguered businessman Vijay Mallya leaving India in the middle of a massive loan default probe, former top official of Infosys, T V Mohandas Pai has sought to know why questions are not being raised about the massive losses of Air India, and called for a system for recovery or settlement of loans.

27 Jul 2015

Air India cuts losses to Rs 5,547.47 cr

Air India has reduced its net loss by more than a quarter to Rs 5,547.47 crore in the previous fiscal as compared to a net loss of Rs 7,559.74 crore in FY12, government said on Monday.

22 Jan 2015

Pull up your socks and reduce loss: Govt to Air India

The Civil Aviation Ministry has asked national carrier Air India to pull up its socks and reduce loss and generate income from the property either by leasing or commercial development.

19 Jan 2015

Air India to cut costs by Rs 1,400 crore to reduce losses

Air India, which controls close to a fifth of India`s domestic air travel market, has been losing money for years and has long been criticised for its high costs.

A Gajapathi Raju

14 Aug 2014

Civil Aviation Ministry plans Air India rejig

The Civil Aviation Ministry has instructed Air India not to tolerate inordinate delays on behalf of ministers while boarding flights at various airports and not to give any special privileges to Members of Parliament.

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