Air India’s losses have come down more than 22% during the last 4 years. Civil Aviation Minister Ashok Gajapathi Raju told the Parliament on 10th December 2015 that operating loss has been reduced considerably. The total revenue has increased to Rs. 20,606.27 crore in 2014-15 from the earlier revenue of rs. 14,713.81 rore in 2011-22 having an increase of 40.1%. (Courtesy: Business Line)
This is a good information that Air India is coming up financially. BSNL, another PSU, has also started improving financially from the present losses.