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Air India expected to post loss of INR 140bn towards end of FY23

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Air India expected to post loss of INR 140bn towards end of FY23

Air India is expected to post a loss of INR 140bn as of end-FY23, which includes write-offs on old jets and engines. Tata Sons had invested an estimated INR 130bn in Air India in FY23 through its wholly-owned subsidiary Talace, according to the Economic Times report citing sources for these estimate...

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