Score Card: How Indian Aviation Cos Fared In 2013-14

  Air India’s financial performance seems to have improved a notch as its losses declined to Rs 5,388.82 crore for the year ended March 31, 2014 compared to Rs 5,490.16 crore in 2012-13, according to Civil Aviation Minister GM Siddeswara.   Its operating losses came in at Rs 2,123 crore, which is a sharp improvement … Continued

Air India’s Losses Decline But Will It Survive ?

According to Civil Aviation Minister Ajit Singh, Air India is expected to  incur  an estimate loss of Rs  3989.58 crore for 2013-14,  lower than the Rs 5490.16 crore reported in 2012-13, he said in the Lok Sabha. Overall, he informed that the  national carrier earned a total revenue of Rs 20,259.24 crore and incurred total expenses of Rs … Continued