Air India posts Rs 4,600 crore operating loss in 2018-19; aims operating profit this fiscal

Air India posted an operating loss of around Rs 4,600 crore in the last financial year mainly due to higher oil prices and foreign exchange losses but airline expects to turn operationally profitable in 2019-20. The airline has a debt burden of more than Rs 58,000 crore and servicing the loans is a major challenge as the annual outgo is more than Rs 4,000 crore.

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