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Civil Aviation Minister Ajit Singh has stated that Air India may post profit of about Rs. 1,040 crore in 2013-14. According to the Minister, the revenue for 2013-14 will increase to rs. 19,393 crores from the 2012-13 revenue of rs. 16,130 crores.

This is good news! Air India is in loss for the last few years, even for 2012-13.