1st fiscal of Tata airlines’ mergers: Losses of FSC drop, but balloon for LCC
NEW DELHI: Tata’s full service Air India managed to cut its losses by almost a quarter while the low cost (LCC) AI Express saw its losses more than triple in the first fiscal (FY 25) of the salt-to-satellite conglomerate consolidating its airline business.AIX Connect (erstwhile AirAsia India) was merged into AI Express last Oct. The…