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Air India’s performance has improved: Economic Survey

Air India’s performance has improved: Economic Survey

With a positive cash flow, Air India is likely to come out of its precarious financial position in this financial year as its performance has improved considerably. It is expected that the company will achieve positive EBIDTA (earnings before income, taxes, depreciation and amoritization) in the results for the Financial Year 2012-13, the government's key economic document, tabled in Parliament, said on February 27.