Air India operational losses down 70 per cent in 9 months

NEW DELHI .Air India chairman Ashwani Lohani is a man of rare candour, hardly seen among PSU chiefs. He doesn't shy away from talking of Air India's problems, to the extent of calling it a sick company whose operational profits in FY16, after many years,: Air India has continued to improve its financial performance, reducing operational losses by 70 per cent to Rs 161crore for the first nine months of the currrent fiscal ending December 2016, aided by higher ancillary revenues and higher. Economic Times

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