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Air India profit News

07 Feb 2017

Air India expected to post improved profit for 2016-17: Govt

Having reported an operating profit of Rs 105 crore for 2015-16 fiscal, Air India is expected to post an improved operating profit margin this year as well, even as liquidity constraints continue to impact the smooth performance of the national carrier, government said today.

04 May 2016

Good News! Air India no longer loss-making

Efficient functioning and reduction in operational costs has helped national carrier Air India turn from a loss-making airline into an "operational profit unit", the Lok Sabha was informed on Tuesday.

14 Dec 2015

Air India likely to make 6% profit this fiscal, first since merger

For the first time since merger of Indian Airlines into Air India, the national carrier is likely to report an operating profit of about Rs six crores in the current fiscal, owing to a combination of factors including lower fuel costs and Dreamliner operations, among others.

18 Jan 2015

Air India announces a slew of cost-cutting measures

The national carrier has also decided to discontinue loss-making routes, among others steps, to rein in the spending and return to break-even.

12 Jan 2015

Air India records profit after long spell of losses

The airline's total revenue rose by 6.5 percent to Rs 2070 crore during December 2014 as compared to Rs 1,944 crore in the same period of 2013, official sources said here.

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