Air India Express incurs loss first time in seven years due to Covid
New Delhi, Amid the losses that the aviation sector incurred during the Covid pandemic, Air India Express, India’s first budget airline on regional international routes, reported a net loss – for the first time in seven years – of Rs 72.33 crore in FY2022, against a net profit of Rs 98.21 crore in FY2021.
Air India Express operates direct point-to-point services connecting primarily Tier 2/ Tier 3 cities in India with destinations in the Gulf/Middle East and South East Asia, with a fleet of 24 Boeing 737-800 NG aircraft in an all-economy configuration.
