Air India’s international operations post losses: Minister

New Delhi: The international operations of Air India are proving to be a losing proposition.
In a written reply to Parliament, Minister for Civil Aviation Ajit Singh said between April and June, the total revenue that the airline generated from its international operations stood at Rs 1,711.22 crore, while the total cost of operations was Rs 2,626 crore.
The total revenues from all its European operations stood at Rs 213.51 crore, while cost of operations was Rs 404.70 crore. From its North American operations, the airline raised revenue of Rs 447.25 crore, while the total costs stood at Rs 702.88 crore.
24/08/12 Business Line

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Categories: Air India Aug 2012