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Air India posts ₹4,600-crore operating loss in FY19: Reports
short by Dharna / on Sunday, 15 September, 2019
National carrier Air India posted an operating loss of around ₹4,600 crore in 2018-19, reports said citing senior officials. The officials reportedly attributed the loss to higher oil prices and foreign exchange losses, and said the airline is expected to post an operating profit of ₹700-800 crore in 2019-20. Air India's total revenues in 2018-19 were reportedly around ₹26,400 crore.
read more at Deccan Herald