Air India losses over Rs 62 thousand crore: Hardeep Puri

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Civil Aviation Minister Hardeep Puri told the Lok Sabha on Thursday that the loss of Air India was Rs 62,614 crore in the last financial year. Has been paying

New Delhi. Civil Aviation Minister Hardeep Puri told the Lok Sabha on Thursday that the loss of Air India was Rs 62,614 crore in the last financial year.

In a written reply to Badruddin Ajmal’s question in the House, Puri said, “As per the audit account for FY 2018-19, the consolidated loss of Air India was Rs 62,614 crore.”

He said that Air India has suffered due to excessive interest load, competition, weakening of Indian rupee and some other reasons. The minister said that despite the loss, Air India has been making payments to the oil PSUs.

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