Based on the statement of the Indian Minister of State for civil aviation to the Indian parliament we have produced this graph showing the expenses of Air India for the fiscal year that ended March 31, 2014. Total expenditure for the year 2013-14 was Rs 25,050.60 crores (approximately $ 4.04 billion) against a total passenger revenue of Rs 15,551.79 and a total revenue of Rs 19,661.78.
In light of Air India’s highlighting its achieving EBITDAR profitability, it is important to note 75% of expenses are operational, but over 25% are ownership expenses – rentals, interest, and depreciation. Unlike private airlines which tend to lease their aircraft and therefore show lease rentals as part of expenditure, Air India owns its aircraft and incurs significant interest and depreciation expenses. The minister did not indicate the amount of loan amortisation or repayment.