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AI incurred loss worth over Rs 125 crore in last 2 fiscals: Govt

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Press Trust of India New Delhi

Government today said Air India lost several crores of rupees in the last two fiscals due to air traffic congestion.

According to the ministry of civil aviation, the losses incurred on aviation fuel due to air traffic congestion during 2007-08 was Rs 56.71 crore and Rs 68.62 crore in 2008-09.

"The losses for aviation fuel in terms of quantity/cost on account of air traffic congestion during the years 2007-08 and 2008-09 were 1,67,18,420 kg/Rs 56.71 crore and 1,12,29,328 kg/Rs 68.62 crore respectively," Minister of State (Independent Charge) for Civil Aviation, Praful Patel told the Rajya Sabha in a written reply.

 

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First Published: Aug 04 2009 | 2:57 PM IST

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