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Air India hopes to meet govt set fiscal targets

Air India hopes to meet govt set fiscal targets

Air India CMD Rohit Nandan has stated that despite an unexpected increase in aviation fuel cost and wild fluctuation of rupee against the dollar, the national carrier is hopeful of meeting its financial targets in the second quarter of this fiscal. The company has managed to bring its losses down to about Rs 11 crore per day from around Rs 50 crore per day, he added.