Tata-owned Air India, Air India Express face combined loss of ₹9,568.4 crore

Minister of State (MoS) for Civil Aviation Murlidhar Mohol in a written reply on August 21 shared provisional figures with the Lok Sabha, stating that Tata Group-owned Air India and Air India Express reported combined loss before tax of ₹9,568.4 crore in FY25, PTI reported.

The figures shared by Mohol reflected that domestic carriers except IndiGo, registered losses. IndiGo recorded a profit before tax of ₹7,587.5 crore in the financial year ended March 2025; while SpiceJet saw ₹58.1 crore of loss before tax, and Akasa Air had loss before tax of ₹1,983.4 crore, the report added.

Read more

You may also like

Comments are closed.