Air India reports a 60 per cent reduction in losses in FY24

Quick Summary:

Air India has reduced its losses by 60 per cent to Rs 4,444.10 crore in FY24 compared to Rs 11,387.96 crore in FY23.

The airline's turnover increased by 23.69 per cent to Rs 38,812 crore during the same period.

Tata Group is merging AirAsia India with Air India Express and Vistara with Air India.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaCanadaFranceGeorgiaSamoaSingapore

Topics: Business news Air India Revenues Tata Group Losses Merger

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-08 @ 11:09:42 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 727 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22406728

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About Times of India

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