30-Jul-2026 12:47 PM
Tata Group reports USD2.3bn net loss for Air India in FY2026
Tata Group reported (28-Jul-2026) a net loss for Air India and Air India Express of more than INR220 billion (USD2.30 billion) for FY2026, ending 31-Mar-2026. As previously reported by CAPA, Tata Sons chairman N Chandrasekaran stated rebuilding Air India is a long journey, with Air India's transformation to be a five to ten year journey. [more - Aviation Week]