Airline Industry Suffered Over Rs 5,964 Loss in FY14

New Delhi: The domestic airline industry suffered a total operating loss of over Rs 5,964 crore, including more than Rs 2,874 crore of Jet Airways and Rs 2,123 crore of national carrier Air India, in 2013-14, the Rajya Sabha was informed on Tuesday.

However, budget carriers IndiGo and GoAir and international low-cost arm of Air India, Air India Express, have showed operating profit during this period, Minister of State for Civil Aviation Mahesh Sharma said in a written reply.

Jet Airways operating loss stood at Rs 2,874.47 crore while its subsidiary JetLite incurred a loss of 464.60 crore in 2013-14.

State-run Air India's operating loss stood Rs 2,123.78 while its regional service Alliance incurred a loss of Rs 246.15 crore in 2013-14. Air India Express has shown a profit of Rs 353.49 crore in the financial year.