Ezivox

Ezivox

Forget Profit Making, Air India Lost Rs 15 Crore Everyday In Last One Year

Though the government is eyeing around $ 1 billion which comes to around Rs 7000 crore by selling the national carrier Air India, the airline lost Rs 15 crore on an average each day which explains government’s urgency of selling the airline.

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According to a report byNews18,the latest numbers published in the Public Enterprise Survey 2017-18. The airline registered a net loss of about Rs 5,338 crore while earlier the government had explained in the parliament that the provisional net loss figure was lower at Rs 3,500 crore. It means Rs 1,800 crore were added to the net loss. These figures, however, are “provisional” as these figures have not been put in parliament yet.

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