Air India may be on its way to becoming profitable for the first time in five years
Skift Take
A successful restructuring plan executed in April 2012 sparked the recent turnaround after a number of factors, including a spike in gas prices and the responsibility to run unprofitable routes as a national carrier, mired the carrier in debt for years.
After several years, Air India Ltd. — which is running on a financial lifeline from the government – is showing signs of a turnaround, at least on the operating side.
India’s civil aviation m
