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Air India, a loss of 459 million dollars

New Delhi, India - The official announcement of the carrier's President

State-run carrier Air India expects to report a loss of 459 million dollars for the financial year to end-March, its chairman said on Thursday, as rising fares and competition hurt. However, Air India, the entity formed by a merger of Air India and Indian Airlines in August 2007, would add 14 aircraft to its fleet of 154 this fiscal, Raghu Menon told reporters. Air India and Indian Airlines posted...

fra/pec - 1093454
Rome, Italy, 08/22/2008 12:56
AVIONEWS - World Aeronautical Press Agency

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