Air India set to turn in a profit two years ahead of schedule4 min read . Updated: 09 May 2016, 09:20 AM IST
Loss-making Air India expects to make an operating profit in 2015-16 thanks to cheaper fuel and greater efficiencies
Mumbai: Loss-making Air India Ltd is advancing its targets to turn profitable as it hopes cheaper fuel, an expanded fleet and greater efficiencies will help turn around the airline, two officials familiar with the development said. The state-run national flag carrier plans to induct 100 leased planes in the next four years, they said.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more