Tag Archives: Vyalar Ravi

MAP: 8 Air India flights cannot even cover their cost of fuel

According to a report from the Press Trust of India (PTI), Indian civil aviation minister Vyalar Ravi revealed before the Rajya Sabha today that Air India’s estimated loss for FY 2010-2011 was Rs. 6,994 Crore, down sharply from the Rs. 5552.55 Crore loss posted in FY 2009-2010. Ravi also said that, “Based on April-September, 2011 route wise profitability, two routes …

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