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Air India's net loss stands at around Rs 2,570 crore in Q1 of 2020-21: Puri

Shortpedia

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Air India has incurred a net loss of about Rs 2,570 crore in the first quarter of 2020-21 as compared to a net loss of Rs 785 crore sustained in the corresponding period a year ago, Civil Aviation Minister Hardeep Singh Puri said on Thursday. An amount of Rs 1,000 crore as loan to Air India has also been provided in the current financial year, Puri stated. Since July last year, 50 Air India pilots submitted their resignations.