Indian airlines report heavy losses in FY25; Air India, Air India Express worst hit
India’s airline posted steep losses in the financial year 2024-25 (FY25), with Tata Group-owned Air India and Air India Express together accounting for the biggest share of the setback, the Parliament was informed on Thursday. Air India and its low-cost arm Air India Express reported a combined pre-tax loss of Rs 9,568.4 crore…