New Delhi, July 28 (IANS) Tata Group-owned Air India and its low-cost subsidiary Air India Express reported a combined net loss of Rs 22,238 crore in FY26, more than double the Rs 10,859 crore loss recorded in the previous financial year, even as their combined revenue declined nearly 9 per cent.According to the airlines’ annual reports, the combined revenue stood at Rs 71,870 crore in FY26.Air India posted revenue of Rs 51,452 crore and a net loss of Rs 15,368 crore, while Air India Express rep…
Latest Skytech-AIC News & Updates
New Delhi, July 6 (IANS) Air India on Monday appointed UK-based aircraft marketing and asset management firm Skytech-AIC to oversee the sale of six Airbus A319 aircraft as the Tata Group-owned airline continues to streamline and modernise its fleet.According to a statement issued by Skytech-AIC, the six narrowbody aircraft, manufactured between 2003 and 2006, are available for immediate sale. The aircraft will be offered without their CFM56-5 engines.While the company confirmed that the aircraft…