Air India, Express post Rs 22,238 cr FY26 loss

Tata Group-owned Air India and its low-cost subsidiary Air India Express reported a combined net loss of Rs 22,238 crore in FY26, more than double the Rs 10,859 crore loss recorded in the previous financial year, even as their combined revenue declined nearly 9 per cent. According to the airlines’ annual reports, the combined revenue stood at Rs 71,870 crore in FY26. Air India posted revenue of Rs 51,452 crore and a net loss of...