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Air India net profit News

07 Feb 2017

Air India expected to post improved profit for 2016-17: Govt

Having reported an operating profit of Rs 105 crore for 2015-16 fiscal, Air India is expected to post an improved operating profit margin this year as well, even as liquidity constraints continue to impact the smooth performance of the national carrier, government said today.

19 Oct 2016

Air India reduces debt by Rs 5,000 crore last fiscal

As it works towards becoming fully profitable ahead of its schedule under the 10-year turnaround plan, the carrier has brought down its debt to around Rs 46,000 crore at the end of March this year.

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