Air India losing Rs 10 crore each day: Ajit Singh

PTI, 28 Mar 2012

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Air India, the troubled national carrier, makes operational losses of Rs 10 crore every day. "The total loss of Air India every day on its operations is approximately Rs 10 crore," Civil Aviation minister Ajit Singh told the Lok Sabha in reply to a query.  

He said Air India had to collect approximately Rs 574.67 crore from various central ministries as on March 15, 2012. "During the last three years, Air India has received Rs 114.35 crore from the Ministry of Defence, Rs 212 crores from Prime Minister's Office and Rs 112.98 crore from Ministry of external Affairs," Singh said.

Meanwhile, negotiations over unpaid salaries between an Air India pilots' union and the airline’s management in Mumbai on Tuesday have failed.This could affect international flights as these pilots were earlier with Air India, when international and domestic flights operated separately. The domestic unit earlier flew under the Indian Airlines brand.Representatives from eight other unions are scheduled to meet with the aviation secretary and Air India management in New Delhi on Wednesday.