Air India’s revenues see a positive jump

As per the regulatory filings of Air India, the airline has improved its reve­nues by 64 per cent in financial year 2022 as compared to 2021; however, its net loss increased by a third. The net revenue of the company, which was taken over by the Tata Group, stood at Rs 198.16 billion during the past financial year on a standalone basis while its net loss was Rs 95.57 billion. Its load factor has improved to 73.5 per cent and an improvement of 80 per cent was observed in the number of passengers carried.