Air Transport World

Air India.(ASIA/PACIFIC Report)

Air India lost INR4.48 billion ($112.5 million) for the fiscal year ended March 31, 2007, reversed from a INR149.4 million profit in the prior year, according to widespread press reports from India. Revenue climbed 2.8% year-over-year to INR95.9 billion as the carrier struggled to fend off low-fare competition and was forced to pay INR4. …

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