Airline

Air India set to post record loss in FY21 – Perversely it is good news for privatisation hopes

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Air India set to post record loss in FY21 – Perversely it is good news for privatisation hopes

Air India posted losses of ₹7,982.83 crore (just over US$1bn) in 2019-20, ₹8,556.35 crore (US$1.17bn) in 2018-19, and ₹5,348.18 crore (US$670m) in 2017-18. Repoorts are circulating that Air India is set to post a net loss in the ₹9,500-10,000 crore region (US$1.25bn) in the year through Marc...

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