Though the industry is not raking in huge profits, they are nevertheless reducing losses significantly, writes B S Arun
After seeing their earnings touch rock-bottom owing to a series of issues including the recent worldwide recession, there seems to a faint light at the end of the tunnel for the airlines industry both in India and around the globe. Not that the industry is raking in huge profits but losses are being reduced significantly. And that includes the crisis-ridden Air India!
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