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Over Rs 5,840 cr loss for Indian airline industry, Air India leads pack Centre

Jul 22, 2014    

New Delhi The Indian airline industry suffered a total operating loss of over Rs 5,840 crore, including over Rs 3,159 crore of Air India, in 2012-13, Rajya Sabha was informed today. However, the losses to Air India as well as the private carriers have shown a declining trend since 2009-10 till 2012-13.IndiGo was the only airline to have reported profits during this period, barring 2011-12 when it made a loss of about Rs 88 crore, Minister of State for Civil Aviation GM Siddeshwara said in reply to questions. Air India's operating loss was Rs 3,373 crore in 2009-10, Rs 4,087 crore in 2010-11, R...

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