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Air India, AI Express, Alliance Air Suffered Rs 17,032 Crore Loss During April 2020-December 2021: Center


Air India and Air India Express were taken over by Tata Group earlier this year.

New Delhi:

Air India, Air India Express and Alliance Air suffered a total loss of Rs 17,032 crore between April 2020 and December 2021, Civil Aviation Minister Jyotiraditya Scindia said at the Lok Sabha on Thursday.

He said the highest losses were borne by Air India which is now privatized with a loss of Rs 9,373 crore in 2020-21 and Rs 6,927 crore in 2021-22 (as of December 2021).

Air India Express experienced a profit of Rs 184 crore in 2020-21 and a loss of Rs 161 crore in 2021-22 (till December 2021), he said during Question Time.

The minister said Alliance Air’s loss was Rs 440 crore in 2020-21 and Rs 315 crore in 2021-22 (to December 2021).

Air India and Air India Express were taken over by Tata Group earlier this year.

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