Coronavirus deteriorates Air India finances but airline manages to keep afloat, says chief

Air India chief Rajiv Bansal on Thursday said that the “crippling effect” of coronavirus has further plummeted the airline’s finances to a “precarious” position but despite that, it has managed to keep afloat.

Bansal, in a message on Thursday, also assured the employees of providing all the “essential armoury” in carrying out evacuation and chartered flights amid the pandemic.

“Air India has been passing through a critical financial condition much before the Covid19 onslaught. The crippling effect of the pandemic, especially in the aviation sector, has further plummeted our finances to a precarious position. In spite of this, your airline has left no stone unturned to continue to remain afloat,” Bansal said in a message to Air India employees on Thursday.