Indian flag carrier Air India incurred a loss of Rs 39.89 billion ($666 million) for 2013-14 on revenues of Rs 202.59 billion. This was an improvement over 2012-13, when the airline lost Rs 54.90 billion after earning revenues of Rs 242.48 billion, according to an announcement made by minister for civil aviation Ajit Singh in parliament on Thursday. The airline is unlisted and does not share its performance numbers every quarter. Air India’s losses have been coming down steadily over ...

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