Air India revenues grow 64% in fiscal 2022, net loss swells by a third to Rs 9,556.5 crore

Air India’s revenue rose 64% in fiscal 2022, but its net loss swelled by a third, showed latest regulatory filings by the airline that Tata Sons bought from the government earlier this year.

The airline posted net revenue of Rs19,815.9 crore during the year to March 31, 2022, on a standalone basis, with a net loss of Rs 9,556.5 crore. In FY21, it had reported a net loss of Rs7,017.4 crore on revenue of Rs12,104 crore.