Air India suffered loss of Rs 430 crore due to Pakistan air space closure

Air India suffered a loss of Rs 430 crore in the four-month period when air space was restricted by Pakistan after the Balakot air strikes, Civil Aviation minister Hardeep Singh Puri informed the Rajya Sabha on Wednesday.

Replying to supplementaries during Question Hour, the minister said the government was committed to privatisation of the national carrier, but is working on a turnaround plan for making it profit-making before it is privatised.