For the first time since the merger of Air India an Indian Airlines in 2007, the merged national airline ha posted an operating profit. The merged Maharaja ha reported Rs 105 crore operating profit in FY 2015-16 a Costs have come down due to fall in oil price and passenge revenue is rising because of sharp surge in domestic al travel.
Al had an operating loss of Rs 2,636 crore in fisca 2014-15. Fuel prices falling by almost 24% contribute significantly to this turnaround
Al had an operating loss of Rs 2,636 crore in fisca 2014-15. Fuel prices falling by almost 24% contribute significantly to this turnaround
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