Air India posts 60% fall in losses at ₹4,444.10 cr in FY24: Tata Group
Millennium Post Delhi|September 08, 2024
"Turnover rose 23.69% to Rs 38,812 crore during reporting year as against a turnover of Rs 31,377 crore
Air India posts 60% fall in losses at ₹4,444.10 cr in FY24: Tata Group
  • It also saw an improvement in passenger factor to 85% against 82% 2022-23, as per the annual report

Tata Group-owned Air India shaved off its losses by 60 per cent to Rs 4,444.10 crore in FY24 over the previous year, according to the Tata Sons annual report for 2023-24.

The airline had reported a loss of Rs 11,387.96 crore in FY23, the annual report said.

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