Air India braces for worst annual loss of '15,000cr after crash

Air India is poised to report a staggering annual loss exceeding Rs 15,000 crore, a significant setback to its turnaround efforts. The carrier's progress was derailed by a tragic crash and extended airspace closures, forcing costly detours. This financial downturn contrasts sharply with earlier hopes of reaching operational break-even this fiscal year.

Air India braces for worst annual loss of '15,000cr after crash
Air India is poised to report a staggering annual loss exceeding Rs 15,000 crore, a significant setback to its turnaround efforts. The carrier's progress was derailed by a tragic crash and extended airspace closures, forcing costly detours. This financial downturn contrasts sharply with earlier hopes of reaching operational break-even this fiscal year.