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Air India braces for record $1.6 bn loss after deadly crash
Mint Kolkata
|January 23, 2026
Air India Ltd is set to report a record annual loss after last year's deadly crash and airspace shutdowns wiped out progress toward a turnaround, according to people familiar with the matter.
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The carrier, which is a joint venture between the Tata Group and Singapore Airlines Ltd, is on track to post a loss of at least ₹15,000 crore ($1.6 billion) for the year ending 31 March, said the people, who asked not to be identified d
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