Air India may be confronting a Rs 1,200 cr loss
Synopsis Singapore Airlines reported a net loss of ₹311.78 crore from its Air India stake. Air India's provisional loss for the fiscal first quarter exceeded
Synopsis Singapore Airlines reported a net loss of ₹311.78 crore from its Air India stake. Air India's provisional loss for the fiscal first quarter exceeded ₹1,200 crore.
High fuel costs and airspace closures pressured the carrier's operations. Despite losses, SIA and Tata Sons remain committed to Air India's transformation. A full turnaround
for Air India is projected to take up to a decade.
The BriefWire