Airline

Air India expected to report FY16 profit

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Air India expected to report FY16 profit

Air India is expected to report an operating profit of Rs 8-10 crore for fiscal year 2016, which will be the first time since it merged with Indian Airlines in 2007. Losses are expected to be limited to around Rs 2,600-2,800 crore compared to Rs 5,574.47 crore in the year-ago period. This has been a...

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