BusinessAir India Posts Rs 105 Crore Operating Profit, First Time In 10 Years
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Air India Posts Rs 105 Crore Operating Profit, First Time In 10 Years
Air India has reported an operating profit of Rs 105 crore
This is the first time since 2007
The airline had an operating loss of Rs 2,636 crore in 2014-15
Air India has reported an operating profit for the first time in a decade.
New Delhi: For the first time in a decade, Air India has reported an operating profit of Rs 105 crore in the last fiscal aided by lower fuel costs and rise in passenger numbers.
The state-owned airline, which is working on ways to improve its financials, had an operating loss of Rs 2,636 crore in 2014-15.
During its meeting today, the Air India board approved the financial numbers for 2015-16 and the carrier has reported an operati...