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.
Feb 07, 2017, 19:22 PM IST
Good News! Air India no longer loss-making
Efficient functioning and reduction in operational costs has helped national carrier Air India turn from a loss-making airline into an "operational profit unit", the Lok Sabha was informed on Tuesday.
May 03, 2016, 20:51 PM IST
Air India likely to make 6% profit this fiscal, first since merger
For the first time since merger of Indian Airlines into Air India, the national carrier is likely to report an operating profit of about Rs six crores in the current fiscal, owing to a combination of factors including lower fuel costs and Dreamliner operations, among others.
Dec 14, 2015, 22:05 PM IST
Air India announces a slew of cost-cutting measures
The national carrier has also decided to discontinue loss-making routes, among others steps, to rein in the spending and return to break-even.
Jan 18, 2015, 17:04 PM IST
Air India records profit after long spell of losses
The airline's total revenue rose by 6.5 percent to Rs 2070 crore during December 2014 as compared to Rs 1,944 crore in the same period of 2013, official sources said here.
Jan 12, 2015, 20:34 PM IST
