Air India Profit
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Air India coming out of red; posts operating surplus of Rs 21.66 crore
Giving indications that it was gradually coming out of the red, national carrier Air India has said it had posted operating surplus of Rs 21.66 crore in November last year, with over half of its flights recording cash profits.The good news came days after the government approved infusion of Rs 1,200 crore as equity into the ailing national carrier....
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Air India: Better news on the horizon
After three years of scarlet balance sheets, a tourniquet comes in the form of new financial reports.From April to August this year, India saw 8.2 per cent more passengers for flights than for the same period last year. That spike, experts say, is tied to the end of the economic downturn that hit tourism and travel hard in 2009. Increasingly,...
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Air India coming out of red; posts operating surplus of Rs 21.66 crore
Giving indications that it was gradually coming out of the red, national carrier Air India has said it had posted operating surplus of Rs 21.66 crore in November last year, with over half of its flights recording cash profits.The good news came days after the government approved infusion of Rs 1,200 crore as equity into the ailing national carrier....
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Air India: Better news on the horizon
After three years of scarlet balance sheets, a tourniquet comes in the form of new financial reports.From April to August this year, India saw 8.2 per cent more passengers for flights than for the same period last year. That spike, experts say, is tied to the end of the economic downturn that hit tourism and travel hard in 2009. Increasingly,...
