Khanivore
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Air India has been operating at a loss of Billions of INR for many years? And is being infused with capital by the Government each year?
Bro @Mav3rick just read this - it will save you time, this idiot @Nityam is a troll:
"Thus, the mountain of accumulated losses has been created over the last decade with the net loss for 2017-18 coming in at Rs 5348.7 crore. This means an average daily loss of just under Rs 15 crore was posted by Air India in 2017-18. With such dismal numbers, it is no surprise that Air India became the second biggest loss-making Central Public Sector Enterprise among 339 such companies in FY18.
However, the only saving grace is that the net loss figure was lesser in 2017-18 compared to the previous year, when it had posted Rs 6452.9 crore or an average daily net loss of about Rs 18 crore. But here’s a fresh shocker: the independent auditors who have audited the airline’s financials for 2017-18 have said in their notes in the latest annual report that “loss has been understated by Rs 338.7 crore”.