New Delhi: India's national carrier Air India has reduced its net loss by more than a quarter to INR 5,547.47 crore in the previous fiscal as compared to a net loss of INR 7,559.74 crore in FY12, government said on Monday.
Air India has achieved the target set out in the Turn Around Plan (TAP), and has made substantial progress in both operational as well as financial areas, Indian Minister of State for Civil Aviation Minister Mahesh Sharma told Lok Sabha on Monday.
The main areas in which the company has registered improvements in FY15 in comparison to fiscal 2011-12 include seat factor, network yield, revenue from passengers and on-time performance on the operational side, he said.
27/07/15 PTI/NDTV
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Air India has achieved the target set out in the Turn Around Plan (TAP), and has made substantial progress in both operational as well as financial areas, Indian Minister of State for Civil Aviation Minister Mahesh Sharma told Lok Sabha on Monday.
The main areas in which the company has registered improvements in FY15 in comparison to fiscal 2011-12 include seat factor, network yield, revenue from passengers and on-time performance on the operational side, he said.
27/07/15 PTI/NDTV
